What is the minimum frequency for providing an annual statement of financial instruments and funds held for a client?
Monthly
Quarterly
Annually
Daily
What is the maximum deadline for providing an execution notice to a client in accordance with Delegated Regulation 2017/565?
The same day as execution
Within 2 business days following execution
The first business day following execution
Within 5 business days following execution
What elements must be included in an execution notice according to Article 59 of Delegated Regulation 2017/565?
Identification of the firm that transmitted the notice
The name or designation of the client
The trading day and execution time
The total consideration for the transaction and the details of commissions and fees charged
What elements must a periodic statement include according to Delegated Regulation 2017/565?
Composition and valuation of the portfolio
Overall performance for the period
Dividends and interest received
Total amount of fees charged
Minimum frequency of periodic statements (without leverage)
Click to see answer
Categorize items by dragging them to the appropriate zones
Items to categorize:
Execution notice
Periodic statement
Alert for portfolio depreciation
Categories:
Strict deadline (first business day)
Quarterly frequency (or monthly if requested)
Immediate information
A service provider must immediately inform the client when the value of their portfolio depreciates by more than 10% compared to the last valuation communicated.
True
False
A service provider may choose not to provide an execution notice if the order was executed abroad.