On April 4, the European Securities and Markets Authority (ESMA) added 10 new questions and answers (Q&A) to its Q&A document on the implementation of investor protection topics under the revised Market in Financial Instruments Directive (MiFID II)and Market in Financial Instruments Directive Regulation (MiFIR).
The Q&A provides clarification on the following topics:
- best execution;
- post-sale reporting;
- inducements (research);
- information on charges and costs; and
- underwriting and placement of a financial instrument.
The Q&A is available here.