On March 23, the European Securities and Markets Authority (ESMA) updated its Q&As relating to investor protection under the revised Markets in Financial Instruments Directive (MiFID II) and the Markets in Financial Instruments Regulation (MiFIR).

The Q&As include updated existing questions and answers relating to inducements, information on costs and charges, and post-sale reporting.

The updated Q&As also contain a new question and answer relating to the meaning of the term “ongoing relationship,” which is used in various Articles of MiFID II and MiFIR.

The Q&As are available here.