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Home Financial Services & Banking MiFID Implementing Directive

Chapter II · ORGANISATIONAL REQUIREMENTS  ›  Section 4 · Conflicts of interest › Article 23

(Article 13(6) of Directive 2004/39/EC)

Record of services or activities giving rise to detrimental conflict of interest

Member States shall require investment firms to keep and regularly to update a record of the kinds of investment or ancillary service or investment activity carried out by or on behalf of the firm in which a conflict of interest entailing a material risk of damage to the interests of one or more clients has arisen or, in the case of an ongoing service or activity, may arise.

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