Thursday December 18 2014

News Source: Fund Regulation

Focus: MIFID and MIFIR

Type: General

Country: Ireland




The Central Bank of Ireland has published a feedback statement for its thematic review which examined the provision of information to clients on costs and charges.
The following issues were identified as a result of the thematic review:

  • Weaknesses in the presentation and content of information provided to clients on costs and charges prior to the provision of services.
  • Failure to provide information prior to the provision of services, instead providing it after the provision of services.
  • Failure to provide information in the format required such as a durable medium or a website, where allowable.

Click on the above link for the Consultation Paper Feedback.