82,891
edits
MiFID: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 18: | Line 18: | ||
*'''Re-documenting'''. Custodians currently providing an ancillary service need to provide clients with certain terms and conditions, and provide it in a "one-way" letter. But if custody becomes an investment service under MiFID II, custodians may need to provide additional information, and in a "two-way" letter requiring a response from the client. | *'''Re-documenting'''. Custodians currently providing an ancillary service need to provide clients with certain terms and conditions, and provide it in a "one-way" letter. But if custody becomes an investment service under MiFID II, custodians may need to provide additional information, and in a "two-way" letter requiring a response from the client. | ||
*'''Charges'''. Complying with the Regulation and Directive will involve much more work and costs, most of which firms will try to pass on to investors. | *'''Charges'''. Complying with the Regulation and Directive will involve much more work and costs, most of which firms will try to pass on to investors. | ||
===See Also=== | |||
*{{tag|Best execution}} | |||
{{cobsanatomy}} | |||
{{anatomybar}} | {{anatomybar}} | ||