Investment firms must ensure they are taking all necessary steps to deliver the best possible outcome for consumers

Investment Firms

Date: 03 December 2020

Central Bank published findings of Thematic Review of investment firms’ compliance with ‘Best Execution’ requirements for consumers.

Under MiFID regulations, Best Execution requires investment firms to take sufficient steps in order to obtain the best possible outcome for consumers.

Some firms failed to demonstrate effective oversight, monitoring, and assurance of how Best Execution requirements were fulfilled.