ID 1114. Suitability and appropriateness tests
Could a bank submit the suitability and appropriateness questionnaire online through its Internet banking service?
In principle, there are no provisions under MiFID that would prevent a credit institution to submit a suitability and appropriateness questionnaire online through its internet banking service. For further details concerning the application of the suitability requirements under MiFID please refer to the relevant Guidelines published by the European Securities and Markets Authority on 6 July 2012 (http://www.esma.europa.eu/system/files/2012-387.pdf)