Regulatory Alerts2019-02-18
Implementation of ESMA guidelines on certain aspects of MiFID II suitability requirements (ESMA35-43-1163)
The Prudential Supervision and Resolution Authority (ACPR) College has declared conformity with the European Securities and Markets Authority (ESMA) guidelines regarding specific aspects of the MiFID II suitability requirements. These guidelines apply to credit institutions providing investment advice services concerning structured deposits as defined in Article L. 312-22 of the Monetary and Financial Code. Institutions are required to take all necessary measures to comply with these guidelines in accordance with Article 16 of Regulation (EU) No 1095/2010.
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