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New version applies from 01/07/2016 — introduced by Directive (EU) 2016/1034. 202 provisions change. Later versions: 01/10/2018, 31/12/2019, 26/03/2020, 26/06/2021, 10/11/2021, 01/01/2022, 28/02/2022, 23/03/2023, 09/01/2024, 28/03/2024, 17/01/2025, 06/06/2026. Recital is deleted from 01/07/2016.

Recital

Recital

In order to ensure that financial instruments will be offered or recommended only when in the interest of the client, investment firms offering or recommending the product manufactured by firms which are not subject to the product governance requirements set out in this Directive or manufactured by third-country firms should also have appropriate arrangements to obtain sufficient information about the financial instruments.

Official text · consolidated version 17/09/2014 (no longer in force) Open full page ↗
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