Q&A · ESMA
Inducements
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
Payments or benefits that firms providing independent advice or portfolio management give to third parties in connection with those services are subject to Article 24(9) MiFID II; the stricter Article 24(7)(b) and (8) rules cover only what such firms receive from third parties.
Details
| Reference | ESMA_QA_1856 |
|---|---|
| Issuer | ESMA |
| Published | 10 Nov 2017 |
| Answered | 10 Nov 2017 |
| Submitted | 10 Nov 2017 |
| ESMA topics | Inducements (research) |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch 12, question 1 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsExplicit reference · 90%
- MiFID II (whole act)Explicit reference