Requirement (MIFID)
Article 23 Record of services or activities giving rise to detrimental conflict of interest
Requirements MIFID - DIRECTIVE 2006/73/EC
Description
Description
Member States shall require investment firms to keep and
regularly to update a record of the kinds of investment or
ancillary service or investment activity carried out by or on
behalf of the firm in which a conflict of interest entailing a
material risk of damage to the interests of one or more clients
has arisen or, in the case of an ongoing service or activity, may
arise.
Comment
Applies to Article 13(6) of Directive 2004/39/EC