Q&A · ESMA

Suitability and appropriateness

Answered

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AI-generated Summary

Firms giving investment advice must always provide a suitability report, including where the advice is not to buy, hold or sell a financial instrument.

Details

Reference	ESMA_QA_1760
Issuer	ESMA
Published	10 Oct 2016
Answered	10 Oct 2016
Submitted	10 Oct 2016
ESMA topics	Suitability
Earlier Q&A document	ESMA35-43-349 MiFIDII Investor protection Q&As Ch2 question 5

Provisions it relates to

Article 25 MiFID II · Assessment of suitability and appropriateness and reporting to clients
MiFID II
Inferred · 95%
MiFID II (whole act)
Explicit reference