Q&A · ESMA
Suitability and appropriateness
Answered
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The suitability report should record the date and time the advice was given, and firms should also record when the report was provided (if different) and keep it under the record-keeping rules; timestamping is useful but not mandatory.
Details
| Reference | ESMA_QA_1757 |
|---|---|
| Issuer | ESMA |
| Published | 10 Oct 2016 |
| Answered | 10 Oct 2016 |
| Submitted | 10 Oct 2016 |
| ESMA topics | Suitability |
| Earlier Q&A document | ESMA35-43-349 MiFID II Q&A Ch 2 Q&A nr. 2 |
Provisions it relates to
- Article 25 MiFID II · Assessment of suitability and appropriateness and reporting to clientsInferred · 90%
- MiFID II (whole act)Explicit reference