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Home Financial Services & Banking MiFID I Implementing Regulation

Chapter II · RECORD-KEEPING: CLIENT ORDERS AND TRANSACTIONS › Article 7

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

Record-keeping of client orders and decisions to deal

An investment firm shall, in relation to every order received from a client, and in relation to every decision to deal taken in providing the service of portfolio management, immediately make a record of the following details, to the extent they are applicable to the order or decision to deal in question:

(a)

the name or other designation of the client;

(b)

the name or other designation of any relevant person acting on behalf of the client;

(c)

the details specified in points 4, 6 and 16 to 19, of Table 1 of Annex I;

(d)

the nature of the order if other than buy or sell;

(e)

the type of the order;

(f)

any other details, conditions and particular instructions from the client that specify how the order must be carried out;

(g)

the date and exact time of the receipt of the order, or of the decision to deal, by the investment firm.

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