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Recital 5

Recital 5

(5)The investment firms provided with the research should assess the quality of that research annually. To ensure that the research effectively contributes to a better investment decision, in line with the investment strategy applicable to the clients’ portfolio, investment firms should do so on the basis of robust quality criteria. Where the annual assessment reveals a lack of quality of the research, or a lack of its usability or contribution to a better investment decision, the investment firms concerned should consider actions to remedy the situation, including requesting the third party research provider to enhance the quality of the research, stopping the use or distribution of the research of insufficient quality or choosing an alternative provider of the research.

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