New CNMV technical guide for the assessment of suitability

Recently, the CNMV approved the Technical Guide 2/2022 for the assessment of suitability (the “Technical Guide”). The Technical Guide, which will apply to institutions that provide investment services involving financial instruments and the marketing of structured deposits, establishes the criteria, practices, methodologies and procedures that the CNMV considers appropriate for compliance with the applicable regulations in the assessment of suitability, as well as the criteria it will follow in the exercise of its supervisory function.

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