ESMA · ESMA_QA_1810 Answer Published
Post-sale reporting
- Regulation
- Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries
- Topic
- Reporting to clients
- Submitted
- 2017-11-10
- Answered
- 2017-11-10
Question
Does the obligation in Article 62(1) of Commission Delegated Regulation (EU) 2017/565 to report on the overall value of a client’s portfolio depreciating by a 10% threshold on a particular business day apply only to retail clients?
Answer
[ESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 8, question 10] No. The obligation in Article 62(1) of Commission Delegated Regulation (EU) 2017/565 relates to retail and professional clients.
This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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