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
Costs and charges disclosures should use MiFID II's own terminology (as transposed and as in Annex II of the Delegated Regulation), for example calling third-party payments by that name; firms may add commercial terms only if clearly defined by reference to the MiFID II terms.
Details
| Reference | ESMA_QA_1837 |
|---|---|
| Issuer | ESMA |
| Published | 28 Mar 2019 |
| Answered | 28 Mar 2019 |
| Submitted | 28 Mar 2019 |
| 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 25 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference