RegAlertRule · ACPR · 29 Jun 2020
Implementation of ESMA Guidelines on Knowledge and Competence Assessment (ESMA/2015/1886)
The Prudential Control and Resolution Authority (ACPR) College has declared compliance with ESMA Guidelines on the assessment of knowledge and competence for personnel providing investment advice or information on financial instruments. These guidelines apply to credit institutions marketing structured deposits 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.
OPINION
Implementation of the European Securities and Markets Authority (ESMA) Guidelines on the assessment of knowledge and competence (ESMA/2015/1886)
The College of the Prudential Control and Resolution Authority (ACPR) has declared itself compliant with the European Securities and Markets Authority (ESMA) Guidelines on the assessment of knowledge and competence of personnel providing investment advice or information to clients on financial instruments, structured deposits, investment services, or ancillary services (ESMA/2015/1886).
These Guidelines apply to credit institutions that market structured deposits within the meaning of Article L. 312-22 of the Monetary and Financial Code. These institutions shall take all necessary measures to comply with these Guidelines, in accordance with the provisions of Article 16 of Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Securities and Markets Authority).
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Issued under
“These institutions shall take all necessary measures to comply with these Guidelines, in accordance with the provisions of Article 16 of Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establi…”
More like this from ACPR
We email you every new ACPR publication the day it's published.
Source: Autorite de Controle Prudentiel et de Resolution — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated