ESMA publishes appropriateness and execution only report

ESMA has published its final report on its guidelines on certain aspects of the MiFID II appropriateness and execution-only requirements that apply for non-advised sales. ESMA’s work had shown a need for convergence in national requirements , including on information for clients about what the appropriateness process is through to matching of clients to appropriate products and warnings to be given.  ESMA had consulted on the draft guidelines and has now published a feedback statement with the final version.

Emma Radmore