Q&A · ESMA
Information on cost and charges
Answered
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Costs and charges must be aggregated into service costs, product costs and separately itemised third-party payments, totalled as a cash amount and a percentage; an itemised breakdown must be given on request, at least by the Annex II cost categories, and firms should make it easy to ask for one.
Details
| Reference | ESMA_QA_1825 |
|---|---|
| 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 on Investor protection Ch 9., question 13 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 95%
- MiFID II (whole act)Explicit reference