Guidance on obtaining brokerage and research services from non-EU brokers

The European Commission has issued guidance in the form of frequently asked questions to clarify how EU investment firms subject to MiFID II should interact when they seek out brokerage and research services from broker-dealers in non-EU countries.

Guidance from the European Securities and Markets Authority

The European Securities and Markets Authority (ESMA) has published guidelines and questions and answers on the application of EU rules on markets in financial instruments. The aim of this initiative is to ensure consistent and effective application of these rules across the EU Single Market.