Examples of MiFID II in a sentence
MiFID II / UK MiFIR Target Market / PRIIPs / UK PRIIPs: MiFID II / UK MiFIR professionals/ECPs-only/No PRIIPs / UK PRIIPs KID – Manufacturer target market (MIFID II product governance / UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels).
Depending on the location of the Managers, there may be situations where either the MiFID II product governance legend or the UK MiFIR product governance legend or both are included.
The Final Terms in respect of any Notes may include a legend entitled "MiFID II Product Governance/Target Market" which will outline the target market assessment in respect of the Notes and which channels for distribution of the Notes are appropriate.
Solely for the purposes of the manufacturer’s product approval process, the target market assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and professional clients only, each as defined in MiFID II; and (ii) all channels for distribution of the Notes to eligible counterparties and professional clients are appropriate.
Solely for the purposes of [the/each] manufacturer's product approval process, the target market assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and professional clients only, each as defined in [Directive 2014/65/EU, as amended ("MiFID II")/ MiFID II]; and (ii) all channels for distribution of the Notes to eligible counterparties and professional clients are appropriate.