lexiara

3.

Commission Directive 2006/73/EC of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive (Text with EEA relevance) · European Union

Member States shall require that where investment firms propose to provide portfolio management services to a retail client or potential retail client, they provide the client, in addition to the information required under paragraph 1, with such of the following information as is applicable: information on the method and frequency of valuation of the financial instruments in the client portfolio; details of any delegation of the discretionary management of all or part of the financial instruments or funds in the client portfolio; a specification of any benchmark against which the performance of the client portfolio will be compared; the types of financial instrument that may be included in the client portfolio and types of transaction that may be carried out in such instruments, including any limits; the management objectives, the level of risk to be reflected in the manager's exercise of discretion, and any specific constraints on that discretion.

· All articles ·

Source: EUR-Lex (Cellar) · retrieved 2026-10-29 · Text as adopted (Official Journal); later amendments are not incorporated in this text.