Version status: Entered into force | Document consolidation status: Updated to reflect all known changes

Published date: 31 March 2017

Commission Delegated Directive (EU) 2017/593 of 7 April 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to safeguarding of financial instruments and funds belonging to clients, product governance obligations and the rules applicable to the provision or reception of fees, commissions or any monetary or non-monetary benefits (Text with EEA relevance) (MiFID II Delegated Directive)

	Recitals
	Chapter I Scope (art. 1)
	Article 1 Scope and definitions
	Chapter II Safeguarding of client financial instruments and funds (arts. 2-8)
	Article 2 Safeguarding of client financial instruments and funds
	Article 3 Depositing client financial instruments
	Article 4 Depositing client funds
	Article 5 Use of client financial instruments
	Article 6 Inappropriate use of title transfer collateral arrangements
	Article 7 Governance arrangements concerning the safeguarding of client assets
	Article 8 Reports by external auditors
	Chapter III Product governance requirements (arts. 9-10)
	Article 9 Product governance obligations for investment firms manufacturing financial instruments
	Article 10 Product governance obligations for distributors
	Chapter IV Inducement (arts. 11-13)
	Article 11 Inducements
	Article 12 Inducements in respect of investment advice on an independent basis or portfolio management services
	Article 13 Inducements in relation to research
	Chapter V Final provisions (arts. 14-16)
	Entry into force and application (arts. 14-16)
	Article 14
	Article 15
	Article 16
	Done at