Q&A · ESMA
Information on cost and charges
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
Ex-post disclosure of transaction costs must cover both explicit and implicit costs; for retail products firms should use the PRIIPs RTS methodology (Annex VI, paragraphs 12-20), or a simpler alternative where that is disproportionate, provided actual costs are identified and the basis of calculation is disclosed.
Details
| Reference | ESMA_QA_1824 |
|---|---|
| Issuer | ESMA |
| Published | 6 Jun 2017 |
| Answered | 6 Jun 2017 |
| Submitted | 6 Jun 2017 |
| ESMA topics | Information to clients on costs and charges |
| Earlier Q&A document | ESMA 35-43-349 MIFID II Q&As Investor protection Ch. 9, question 12 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference