Mifid II: what are minor non-monetary benefits?

Author: IFLR Correspondent | Published: 1 Nov 2019


By Hugo Bromley

Nearly two years after the implementation of Mifid II, the definition of a minor non-monetary benefit is still not clear, several sources have told Practice Insight.Under Mifid II, research providers were required to charge for research and execution separately. However, there was an opt-out for certain minor non-monetary benefits, which could be used by the buyside for free....