The Commission has adopted its Delegated Directive to supplement MiFID 2. The Directive covers the safeguarding of financial instruments and funds belonging to clients, product governance obligations and the rules applicable to the provision or reception of fees, commissions or any monetary or non-monetary benefits (inducements). The Commission still needs to publish further level 2 legislation as well as finalising relevant technical standards under MiFID 2 and MiFIR. (Source: Commission adopts MiFID 2 supplement on safeguarding, product governance and fees)