---
title: ESMA Updates MIFID/MIFIR Q&As
description: Euro regulator updates investor protection topics.
image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/mifid-ii-1-May-12-2022-09-30-32-90-AM.jpeg
---

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 03.26.2018

 By John D'Antona

 Press Release

# ESMA Updates MIFID/MIFIR Q&As

 03.26.2018 By John D'Antona

![ESMA Updates MIFID/MIFIR Q&As](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/mifid-ii-1-May-12-2022-09-30-32-90-AM.jpeg)

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The European Securities and Markets Authority (ESMA) has included 7 new or updated items in its [Questions and Answers (Q&A)](https://www.esma.europa.eu/document/qas-mifid-ii-and-mifir-investor-protection-topics) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR).

The updated Q&As are on the topics of inducements (research) and information on costs and charges. The other four Q&As are new and relate to the topics of inducements, post-sale reporting and other issues

The overall MiFID II Q&A provide clarifications on the following topics:

- Best execution
- Suitability and appropriateness
- Recording of telephone conversations and electronic communications
- Post-sale reporting
- Record keeping
- Investment advice on an independent basis
- Inducements (research)
- Information on charges and costs
- Underwriting and placement of a financial instrument
- Client categorisation
- Inducements
- Provision of investment services and activities by third country firms
- Application of MiFID II after 3 January 2018, including issues of ‘late transposition’
- Other issues

MiFID II applies from 3 January 2018 and will strengthen the protection of investors by both introducing new requirements and reinforcing existing ones. The purpose of this Q&A is to promote common supervisory approaches and practices in the application of MiFID II/MiFIR for investor protection topics.

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