The Guidelines apply to investment firms (as defined in Article 4 (1) (1) of MiFID), credit institutions that provide investment services and UCITS management companies and external Alternative Investment Fund Managers when they are providing the investment services of individual portfolio management or non-core services. Such firms must comply with the Guidelines from 28 January 2014.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
