Related Articles
ESMA publishes MiFID II Supervisory Briefing on Suitability
This supervisory briefing covers the following topics: determining situations where the suitability assessment is required; information to clients about the purpose of the suitability assessment; obtaining information from clients; arrangements necessary to understand investment products; arrangements necessary to understand the suitability of an investment; suitability report; qualifications of firm staff; and record keeping. Background This […]
ESMA sets out plan for systematic internaliser regime calculations and publications
ESMA was required to amend its original action plan as data completeness for the various asset classes had not reached adequate levels when ESMA conducted its completeness analyses. Given the complexity and size of the task, ESMA then decided to focus on improving completeness for a select number of asset classes while postponing the publication […]
ESMA sees rising market nervousness and sensitivity linked to Brexit risks
Equity markets increased slightly over the course of the 3rd quarter 2018, however market nervousness and sensitivity are rising, as evidenced by the global equity market sell-off at the beginning of October. The budget plans of Italy have led to sovereign bond market volatility remaining at a high level, and generally high market valuations coupled […]