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Q&A · ESMA

Post-sale reporting

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AI-generated Summary

Where a client buys and sells a fund within the year, the personalised ex-post cost disclosure should apply the fund's annualised costs over the actual holding period if they reflect costs incurred, or be adjusted on a best-effort basis (with the manufacturer's help), plus actual one-off costs such as mark-ups.

Details

ReferenceESMA_QA_1813
IssuerESMA
Published16 Dec 2016
Answered16 Dec 2016
Submitted16 Dec 2016
ESMA topicsReporting to clients
Earlier Q&A documentESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 9, question 1