Regulatory Alerts2018-06-22
Implementation of ESMA Guidelines on Product Governance Requirements under MiFID II (ESMA35-43-620)
The ACPR College has declared conformity with ESMA Guidelines (ESMA35-43-620) regarding product governance requirements under the MiFID II directive. These guidelines apply to credit institutions that market structured deposits or provide advice on them, as defined in Article L. 312-22 of the Monetary and Financial Code. Institutions must take all necessary measures to comply with these guidelines in accordance with Article 16 of Regulation (EU) No 1095/2010.
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