Abstract:By relying on interviews with three financial institutions in Belgium, we determine how the MiFID directive has resulted in practice and how investors perceive these procedural changes. The results reveal some homogeneity between the three institutions both in determining the customer's risk, in the portfolio composition as in the appropriateness of the products sold to the investor's profile.
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.