CESR consults on inducements and passporting under MiFID

22 December 2006

CESR launched the third public consultation relating to intermediaries under the Level 3 work under MiFID. CESR intends to issue recommendations to its members that will set out a common approach in relation to the inducements regime under MiFID. The elaboration of the recommendations will not only facilitate a consistent approach to these supervisory issues across the EU but will also ensure, by way of prior public consultation, that the views of industry and consumers will be fully taken into consideration.

Deadline for consultation is 9 February 2007.

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