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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III - Service Providers III. 1 - Investment Service Providers III. 1.3. Rules of Good Conduct Doctrine MIF
Guide on Best Execution
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Applicable as of July 27, 2020 Position - Recommendation DOC-2014-07
Download Viewed Version Summary Position-Recommendation DOC-2014-07 clarifies in the form of a guide the AMF's expectations concerning the best execution and best selection obligations arising from the Markets in Financial Instruments Directive (MIF).
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Article L533-18 of the Monetary and Financial Code
Article L533-18-2 of the Monetary and Financial Code
Articles 64 to 66 of Delegated Regulation (EU) 2017/565 Legal notices: Publisher: The Director of the AMF Communication Department. Contact: Communication Department, Autorité des marchés financiers - 17, place de la Bourse - 75082 Paris Cedex 02