Regulatory AlertsGuide on Best Execution
The French Financial Markets Authority (AMF) issued Position-Recommendation DOC-2014-07 to clarify regulatory expectations regarding best execution and best selection obligations under the Markets in Financial Instruments Directive (MIF). This guide translates legal requirements from the Monetary and Financial Code and Delegated Regulation (EU) 2017/565 into actionable guidance for investment service providers. It ensures that firms implement robust policies and procedures to obtain the best possible result for their clients when executing orders.
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