tied agent

Defined in 2 EU acts of the Finance group: MiFID II First IFR Reference

MiFID II, Article 4(29) First adopted 2014-05-15

a natural or legal person who, under the full and unconditional responsibility of only one investment firm on whose behalf it acts, promotes investment and/or ancillary services to clients or prospective clients, receives and transmits instructions or orders from the client in respect of investment services or financial instruments, places financial instruments or provides advice to clients or prospective clients in respect of those financial instruments or services

IFR, Article 4(52) Reference adopted 2019-11-27

Refers to MiFID II, Article 4(29).

a tied agent as defined in point (29) of Article 4(1) of Directive 2014/65/EU

Every term of the Finance group · Other groups