It is the Markets in Financial Instruments Directive that derives from the European Directive 2004/39/CEE on this matter, which came into force on November 1st 2007 in the Member States of the European Union.
This Directive’s main goal is to increase competition and consumer protection in investment services, by supplying a better quality of information and establishing more transparency within the stock markets.
The Andorran 8/2013 Act, of May 9th, on the organisational requirements and functioning conditions of the financial system’s operational entities, investor protection, market abuse and financial collateral arrangements, incorporates the provisions of the 14/2010 Act related to investor protection, gathering the principles that the MiFID establishes.
What pre-contractual information is made available?
The following document contains a brief presentation of the MoraBanc Group, as well as information on the conditions and characteristics of the investment service (s) and the financial instruments affected by the MIFID regulation, as well as other pre-contractual information.
What investor protection policies has MoraBanc implemented?
MoraBanc’s investor protection policies, in accordance with the current regulations, are the following: