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
For ex-ante disclosure of transaction costs, firms should use actually incurred costs as a proxy, adjusted for expected material changes; where no data exist they may estimate (for example using the PRIIPs RTS method), explain the basis, and review assumptions against ex-post experience.
Details
| Reference | ESMA_QA_1827 |
|---|---|
| Issuer | ESMA |
| Published | 3 Oct 2017 |
| Answered | 3 Oct 2017 |
| Submitted | 3 Oct 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 15 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference