Mifid Agreement

73 Records that specify the respective rights and obligations of the investment firm and the client as part of a service agreement or the conditions under which it provides services to the client are retained at least for the duration of the relationship with the client. (b) information covered by Article 47 of this agreement or of these investments or ancillary services. If the information in paragraph 1 is communicated to a customer in a timely manner prior to the service, a company is not required to provide it separately or include it in a customer agreement. 58 Investment firms that provide an investment service to a client after the date of application of this regulation or the ancillary service covered in Schedule I of the 2014/65/EC Directive enter into a written agreement in principle with the client on paper or on any other sustainable medium in which the client exposes the essential rights and obligations of the company and the client. Investment firms that provide investment advice have only complied with this obligation if a regular assessment of the adequacy of recommended instruments or services is carried out. . Publication of the AEMF opinion on ancillary activity under the MiFID II Directive – Market Size Calculation The MiFID II Directive, which comes into force in January 2018, should enable data from approved publication agreements (APA) to increase transparency in over-the-counter markets by publishing pre-trade transparency quotes and conducting post-negotiation transparency transactions. An APA is an organization authorized to publish business reports on behalf of investment firms, in accordance with Article 4, paragraph 1, paragraph 52, of MiFID II. [1] [2] .

The Financial Instruments Markets Directive (MiFID) is a European regulation that increases the transparency of EU financial markets and normalises regulatory information for companies operating in the European Union. The AEMF has published and forwarded to the Commission its third set of technical standards (2015/1858) relating to the preservation of financial instruments or client funds; And on an ongoing basis, the AEMF will have a number of tasks, including: MiFID II and MiFIR will ensure fairer, safer and more efficient markets and allow greater transparency for all participants. New reporting requirements and testing will increase the amount of information available and reduce the use of Dark Pools and over-the-counter transactions. High-frequency trading rules will impose strict organizational requirements on investment firms and trading platforms, and rules governing non-discriminatory access to central counterparties (CCP), trading platforms and benchmarks are expected to increase competition.