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New version applies from 02/07/2014 — introduced by Directive 2014/65/EU (MIFID II). 48 provisions change. Later versions: 23/02/2016. Recital 20 changes in this version: compare with the current text.

Recital 20

Recital 20

(20)If the intermediary declares that he is giving advice on products from a broad range of insurance undertakings, he should carry out a fair and sufficiently wide-ranging analysis of the products available on the market. In addition, all intermediaries should explain the reasons underpinning their advice.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
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