The European Securities and Markets Authority (ESMA) has offered some clarification on the Market in Financial Instruments Directive and Regulation (MiFID II).
The EU’s securities markets regulator has done that by updateding its Questions and Answers on the implementation of investor protection topics under the legislation
The Q&As on MiFID II and MiFIR investor protection and intermediaries’ topics includes a new answer on MiFID inducements.
ESMA pointed specifically towards how the new Q&A provides clarification on the application of the MiFID definition of acceptable minor non-monetary benefits.
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