Q&A · ESMA
Suitability and appropriateness
Answered
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The suitability report must reach the client before the transaction, so it cannot be sent with the post-execution order report, except where the agreement is concluded by distance communication, when it may follow without undue delay.
Details
| Reference | ESMA_QA_1759 |
|---|---|
| Issuer | ESMA |
| Published | 10 Oct 2016 |
| Answered | 10 Oct 2016 |
| Submitted | 10 Oct 2016 |
| ESMA topics | Suitability |
| Earlier Q&A document | ESMA 35-43-349 MiIFID II Investor and protection Q&As ch 2, question 4 |
Provisions it relates to
- Article 25 MiFID II · Assessment of suitability and appropriateness and reporting to clientsInferred · 95%
- MiFID II (whole act)Explicit reference