The European Commission has published new questions and answers on several issues related to the Markets in Financial Instruments Directive (MiFID). The answers consider:
- whether a London Metal Exchange Warrant constitutes a "transferable security" within MiFID;
- the application of MiFID to Binary Options;
- the submission of suitability and appropriateness questionnaires;
- the use of appropriateness testing for clients who are using only ancillary services; and
- information to clients about costs and charges.
To view the MiFID Q&A website, please click here.
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