Guidelines on certain aspects of the MiFID II remuneration requirements

This paper is primarily of interest to competent authorities and investment firms that are subject to Directive 2014/65/EU of the European Parliament and of the Council (MiFID II).

Metadata

Provider:

ESMA

URL:

https://www.esma.europa.eu/press-news/consultations/guidelines-certain-aspects-mifid-ii-remuneration-requirements

Retrieved on:

Monday, July 19, 2021

Information

Tags:

Finance, Money, European Union directives, Economy, Investment, European Union law, Undertakings for Collective Investment in Transferable Securities Directive, Directive 2014/65/EU, Investment fund, Investment banking, Cyprus Securities and Exchange Commission

Summary

Key Points:

This paper is primarily of interest to competent authorities and investment firms that are subject to Directive 2014/65/EU of the European Parliament and of the Council (MiFID II).
In particular, this paper is addressed to investment firms and credit institutions providing investment services and activities, investment firms and credit institutions when selling structured deposits, UCITS management companies and external Alternative Investment Fund Managers (AIFMs) when providing investment services and activities in accordance with the UCITS Directive1 and the AIFMD2.
This paper is also important for consumer groups, investors and trade associations, because the guidelines seek to implement enhanced provisions to ensure investor protection, with potential impacts for anyone engaged in the dealing with or processing of financial instruments.