Q&A · ESMA
Provision of investment services and activities by third country firms
Answered
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For reverse solicitation under Article 42 MiFID II and Article 46 MiFIR, ESMA lists pairs of products that are not in the same category, such as complex versus non-complex debt, listed versus unlisted securities, subordinated versus senior debt, shares versus ETFs, UCITS versus AIFs and PRIIPs with different risk indicators; instruments in different Annex I Section C categories are always different products.
Details
| Reference | ESMA_QA_1864 |
|---|---|
| Issuer | ESMA |
| Published | 12 Jul 2018 |
| Answered | 12 Jul 2018 |
| Submitted | 12 Jul 2018 |
| ESMA topics | Provision of investment services and activities by third country firms |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch 13, question 3 |
Provisions it relates to
- Article 42 MiFID II · Provision of services at the exclusive initiative of the clientExplicit reference · 90%
- Article 46 MiFIR · General provisionsExplicit reference · 90%
- MiFID II (whole act)Explicit reference