MiFID II, bail in, conflicts
MiFID and MiFID II
Pursuing a client’s financial well-being and our independence are fundamental for us. We have always adopted a transparent approach and operate with no conflict of interest, far from product-linked, distribution logics. MiFID is the European Markets in Financial Instruments Directive. One of its main objectives is to harmonise the protection of investors all over Europe: promptly adopted Directive content, identifying the macro-types of conflicts of interest linked to the Bank and to the activities or services provided by entities connected to it, defining clear, effective measures to prevent and manage any conflicts arising. All information on MiFID and our procedures is public and can be consulted:
> Conflict of Interest policy
> Inducement policy
> Execution transmission policy
> CONSOB Financial Education Manual
> Annual report on the identity of execution venues and on the quality of execution (Year 2017)
> Annual report on the identity of execution venues and on the quality of execution (Year 2018)
> Annual report on the identity of execution venues and on the quality of execution (Year 2019)
> Annual report on the identity of execution venues and on the quality of execution (Year 2020)
> Annual report on the identity of execution venues and on the quality of execution (Year 2021)
> Annual report on the identity of execution venues and on the quality of execution (Year 2022)
> Annual report on the identity of execution venues and on the quality of execution (Year 2023)
Pre-contractual information
The European Directive on Markets in Financial Instruments – MiFID II provides specific documentation on pre-contractual information on the Bank and on its investment services.
In particular, this information is collected in the file below called “Investor Education”, with which the Bank intends to provide all the information necessary for a better knowledge and competence of the Bank, the investment services provided, as well as the risks associated with the financial instruments and products treated, so that clients can consciously take their investment decisions and assess the related risks.
Code of conduct
Whistleblowing right
Our Bank is actively committed in the fight against unethical, illegal or criminal practices and in the respect of the anti-corruption regulations in force.
In the event of a suspicious event, we accompany any employee - internal or external - and any supplier wishing to exercise his or her right of alert.
For this purpose, a whistleblowing system has been developed. It guarantees a strict confidentiality environment allowing one to expose facts and to communicate with a referent person while protecting the whistleblower’s identity.
We need to specify that the whistleblowing right must be exercised disinterestedly and in good faith. If necessary, the tool is available via the following link: https://www.bkms-system.com/Groupe-Credit-Agricole/ethic-alerts.