CESR has issued a briefing note to supervisors of firms responsible for implementing the MiFID information requirements. This states that they need to ensure that information being provided to clients is "fair, clear and not misleading". This supervisory briefing is designed to help supervisors make such assessments and is structured under three headings: (1) setting up arrangements and procedures necessary to be compliant; (2) types of information to be provided to the client and (3) medium via which the information is provided. Each heading includes an overview of the desired outcomes, illustrates the issues that supervisors should consider and provides examples of the sort of questions that supervisors could ask to test whether the outcomes are being met by firms.