Q&A · ESMA
Two classifications for one client
Answered
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A client may be placed in different categories for different services, activities or instruments, for example retail for one service and professional for another, or eligible counterparty for execution, order transmission and dealing on own account but professional for other services, provided it is clearly told which category applies to what.
Details
| Reference | ESMA_QA_2172 |
|---|---|
| Issuer | ESMA |
| Published | 11 Jul 2024 |
| Answered | 11 Jul 2024 |
| Submitted | 7 May 2024 |
| ESMA topics | Client categorisation |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsESMA rulebook
- MiFID II (whole act)Explicit reference