Our Asset and Wealth Management Regulatory team discusses ESMA’s review of the guidelines on MIFID II product governance requirements, taking into account the following recent regulatory and supervisory developments:
The European Commission’s Capital Markets Recovery Package and subsequent Amending Directive;
The sustainability-related amendments to the MiFID II Delegated Directive; the recommendations on the product governance guidelines by ESMA’s Advisory Committee on Proportionality (ACP); and
The findings of ESMA’s 2021 Common Supervisory Action on product governance.
Learn how we can best help you meet your product governance requirements.