{"id":4628,"date":"2019-07-22T16:55:32","date_gmt":"2019-07-22T13:55:32","guid":{"rendered":"https:\/\/fzmayuxbif.wpdns.site\/?p=4628"},"modified":"2023-08-02T16:55:49","modified_gmt":"2023-08-02T13:55:49","slug":"esma-mifid-ii-supervisory-actions-to-be-taken","status":"publish","type":"post","link":"https:\/\/www.kyprianou.com\/el\/esma-mifid-ii-supervisory-actions-to-be-taken\/","title":{"rendered":"ESMA \u2013 MIFID II \u2013 Supervisory Actions to be taken"},"content":{"rendered":"<p>ESMA has announced the launch of a common supervisory action with National Competent Authorities on MIFID II appropriateness rules. This is to be carried our during the second half of 2019. The supervisory activity will be focused on the application of MIFID II as to the requirements of the appropriateness assessment. A sample of investment firms will be chosen by each NCA of each EU member state. The supervisory activity will be based on the ESMA\u2019s supervisory briefing on MIFID II appropriateness requirements which can be accessed\u00a0<a href=\"https:\/\/www.esma.europa.eu\/sites\/default\/files\/library\/2019-esma35-36-1640-mifid_ii_supervisory_briefing_on_appropriateness.pdf\">here<\/a>. The supervisory briefing\u2019s topics are the following:<\/p>\n<ul>\n<li><em>Determining situations where the appropriateness assessment is required;<\/em><\/li>\n<li><em>Obtaining information from clients;<\/em><\/li>\n<li><em>Assessment of appropriateness;<\/em><\/li>\n<li><em>Warnings to clients;<\/em><\/li>\n<li><em>Qualification of firm\u2019s staff; and<\/em><\/li>\n<li><em>Record-keeping.<\/em><\/li>\n<\/ul>\n<p>This is provided as informative material only. In case you wish to receive the necessary advice please contact us at\u00a0<a href=\"mailto:ioanna.solomou@kyprianou.com\">ioanna.solomou@kyprianou.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ESMA has announced the launch of a common supervisory action with National Competent Authorities on MIFID II appropriateness rules. This is to be carried our during the second half of 2019. The supervisory activity will be focused on the application of MIFID II as to the requirements of the appropriateness assessment. A sample of investment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_analysis_target_kw":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[305],"tags":[],"location":[25],"expertises":[],"key_contact":[],"class_list":["post-4628","post","type-post","status-publish","format-standard","hentry","category-press-releases","location-cyprus"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/posts\/4628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/comments?post=4628"}],"version-history":[{"count":0,"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/posts\/4628\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/media?parent=4628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/categories?post=4628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/tags?post=4628"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/location?post=4628"},{"taxonomy":"expertises","embeddable":true,"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/expertises?post=4628"},{"taxonomy":"key_contact","embeddable":true,"href":"https:\/\/www.kyprianou.com\/el\/wp-json\/wp\/v2\/key_contact?post=4628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}