Assessment of Implementation in EU Member States of MiFID II Requirements on Knowledge and Competence
30 Pages Posted: 30 May 2019
Date Written: July 2018
This report analyses divergencies in the implementation in EU Member States of ESMA Guidelines for the assessment of knowledge and competence, issued in December 2015 (ESMA 2015/1886). We have reviewed Member States MiFID II transposition rules on knowledge and competence requirements and have drawn some conclusions and proposals with the aim of enhancing regulatory and supervisory convergence.
Keywords: MiFID II, ESMA, knowledge, competence, qualification, training, investment advice, information, financial instruments, financial services
JEL Classification: G15, G18, G21, G28, G32, G28, K22
Suggested Citation: Suggested Citation