Q&A · ESMA
Records / audit trail / digital workflows / use of user credentials / Record-keeping and audit trail for “under supervision” in digital/segregated advisory workflows
Sought clarification of record-keeping for staff advising 'under supervision' under ESMA's knowledge and competence guidelines (ESMA/2015/1886), including evidence of sign-off and the use of a qualified person's credentials in digital workflows. ESMA rejected the question, so there is no answer.
Details
| Reference | ESMA_QA_2791 |
|---|---|
| Issuer | ESMA |
| Published | 26 Feb 2026 |
| Submitted | 26 Feb 2026 |
| ESMA topics | Suitability |
| Former reference | follow-up to ESMA email ref. 26-0343 + Submitted Question (ESMA_QA_2790) |
Provisions it relates to
- Article 25 MiFID II · Assessment of suitability and appropriateness and reporting to clientsInferred · 75%
- MiFID II (whole act)Explicit reference
Documents it refers to
- Delegated actIn forceExplicit reference
AI summaryThe main MiFID II Delegated Regulation: defines key terms (such as investment advice, systematic internaliser, algorithmic and high-frequency trading, and direct electronic access) and sets detailed organisational requirements and operating conditions for investment firms, including compliance, conflicts of interest, remuneration, client information, suitability and appropriateness, best execution, client order handling, reporting to clients, record keeping and transaction-level obligations.