Regulatory AlertsAMF Position DOC-2019-03: MiFID II Suitability Requirements
The French Autorité des Marchés Financiers (AMF) issued Position DOC-2019-03 to integrate ESMA guidelines regarding the suitability requirements of the MiFID II Directive. This document clarifies the procedures investment service providers must follow to verify client suitability when providing investment advice or portfolio management services for third parties. It replaces the previous AMF DOC-2012-13 position effective March 6, aligning national rules with updated European regulatory standards.
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