+Article 9 11.

Article 9 11.

Member States shall require investment firms to determine whether a financial instrument meets the identified needs, characteristics and objectives of the target market, including by examining the following elements:

(a) 

the financial instrument’s risk/reward profile is consistent with the target market;

(b) 

the financial instrument’s sustainability factors, where relevant, are consistent with the target market;

(c) 

the financial instrument design is driven by features that benefit the client and not by a business model that relies on poor client outcomes to be profitable.

1. Panoramica

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1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

Requisiti

3. Standard correlati

Standard