Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-848d4c4894-4hhp2 Total loading time: 0 Render date: 2024-05-03T23:48:47.915Z Has data issue: false hasContentIssue false

ANNEX I - List of services and activities and financial instruments falling under the MiFID's scope

Published online by Cambridge University Press:  04 August 2010

Jean-Pierre Casey  and
Karel Lannoo
Jean-Pierre Casey
Affiliation:
Barclays Bank, London
Karel Lannoo
Affiliation:
Centre for European Policy Studies (CEPS), Brussels
Get access

Summary

Investment services and activities

  1. Reception and transmission of orders in relation to one or more financial instruments.

  2. Execution of orders on behalf of clients.

  3. Dealing on own account.

  4. Portfolio management.

  5. Investment advice.

  6. Underwriting of financial instruments and/or placing of financial instruments on a firm commitment basis.

  7. Placing of financial instruments without a firm commitment basis.

  8. Operation of multilateral trading facilities.

Ancillary services

  1. Safekeeping and administration of financial instruments for the account of clients, including custodianship and related services such as cash/collateral management.

  2. Granting credits or loans to an investor to allow him to carry out a transaction in one or more financial instruments, where the firm granting the credit or loan is involved in the transaction.

  3. Advice to undertakings on capital structure, industrial strategy and related matters and advice and services relating to mergers and the purchase of undertakings.

  4. Foreign exchange services where these are connected to the provision of investment services.

  5. Investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments.

  6. Services related to underwriting.

  7. Investment services and activities as well as ancillary services of the type included under Section A or B of Annex 1 related to the underlying of the derivatives included under Section C – 5, 6, 7 and 10 – where these are connected to the provision of investment or ancillary services.

Type
Chapter
Information
The MiFID Revolution , pp. 219 - 220
Publisher: Cambridge University Press
Print publication year: 2009

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×