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Version date: 6 June 2017 - onwards

Question 6 Value and commencement of reporting requirement [Last update: 6 June 2017]

Art. 62 of the MiFID II Delegated Regulation

How should a firm fulfil the obligation under Article 62 if a firm’s reporting period commences after the introduction of MiFID 2 on 3 January 2018?

Answer 6

Article 62 MiFID II Delegated Regulation requires firms to value portfolios on a daily basis. Firms should use the valuation undertaken under Article 62 on 3 January 2018 as the overall value of the portfolio for the purposes of the reporting obligations in Article 62 until the commencement of their first reporting period after 3 January 2018.

Comparing proposed amendment...