Articles

A growing interest for sustainable investing Global warming, governance and social tensions have increased awareness among retail investors regarding the limits of our traditional economic model. Investors are now looking…

Risk appetite, financial situation, level of experience, and financial knowledge... Introduced in 2007, MiFID regulations require financial institutions to know the investor profile of their customers. The objective? To ensure that customers understand the financial products on offer and that they correspond as closely as possible to their expectations. Since then, MiFID (Markets in Financial Instruments Directive) regulations have been constantly enriched to offer ever greater transparency and protection to investors. Following the financial crisis, MiFID I was improved to become MiFID II: a strengthened regulation applicable to all investment products. Among the many changes made to the text, some concern the consideration of investors' ESG preferences. Thus, from August 2022, financial advisors will have to inquire about the impact sought by clients through their investments, to offer them adapted financial products. In other words, banks, asset management companies, and investment advisory firms must now capture clients' ESG preferences in their suitability questionnaires.