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Minimum content of suitability statements for retail clients

11/02/2021

On 26 January this year, the FSMA published a communication on the "suitability statement". This communication is of relevance for regulated firms providing investment advice to retail clients as well as for firms managing retail client portfolios. Through its communication, the FSMA intends to harmonise the content of the suitability statements. To this end, it lists the minimum content of these statements and provides examples of how to draft them.

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Authors

Portrait ofBenoît Vandervelde
Benoît Vandervelde
Partner
Brussels
Portrait ofFlorence Berchem
Florence Berchem
Associate
Brussels
Portrait ofAnaïs Casteur
Anaïs Casteur
Associate
Brussels