Knowledge Base

What is the role of the ISIN code reference system?

Uniquely identify each transferable security

Set the prices of financial assets

Regulate financial markets

Facilitate communication between issuers and investors

What is the primary role of financial intermediaries in order transmission?

Execute orders for their own account

Transmit and monitor client orders through to execution

Create new financial instruments

Set the prices of financial assets

What is the primary objective of the migration to the ISO 20022 standard?

Increase the number of transactions

Facilitate processing automation and reduce errors

Reduce transaction costs for investors

Centralize all financial transactions in a single system

What are the types of financial intermediaries according to the AMF?

Canvassers, Financial investment advisors (CIF), Investment services providers (PSI)

Issuers, Investors, Market infrastructures

Banks, Insurance companies, Investment funds

Regulators, Notaries, Lawyers

The MiFID II directive only requires investment firms to publish an annual report on execution quality.

True

False

ISO 20022 Standard

Click to see answer

Investment services providers must immediately record each order with proof of the date and time of receipt.

True

False

Categorize items by dragging them to the appropriate zones

Items to categorize:

Best execution

Reception and transmission of orders on behalf of third parties

Execution of orders on behalf of clients

Portfolio management on behalf of third parties

Categories:

MiFID II obligations

Investment services