Q&A · ESMA
MiFID practices for firms selling financial instruments subject to the BRRD resolution regime
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
The retail selling conditions in Article 44a of BRRD 2 for subordinated eligible liabilities apply whether or not the seller markets or actively offers them, including where the client initiated the transaction.
Details
| Reference | ESMA_QA_1129 |
|---|---|
| Issuer | ESMA |
| Published | 18 Feb 2020 |
| Answered | 18 Feb 2020 |
| Submitted | 18 Feb 2020 |
| ESMA topics | Information to clients on topics other than costs and charges |
| Earlier Q&A document | ESMA35-43-439 Investor protection BRRD regime Q&A 2 |
Provisions it relates to
- MiFID II (whole act)Explicit reference