ESMA has issued this Final Report in relation to:
- Consultation Paper on Guidelines on certain aspect of the MiFID compliance function requirements; and
- Consultation Paper on Guidelines on certain aspect of the MiFID suitability requirement, both of which were published last December.
Both Reports set out an analysis of responses to the consultations, (49 responses in relation to the MiFID compliance function and 52 responses in relation to the MiFID suitability requirements) and describes any material changes to the technical proposals and explains the reasons for such changes. The Reports also include the final guidelines.