6533b82dfe1ef96bd1290d83

RESEARCH PRODUCT

The notion of reverse solicitation within the realm of financial services

Niklāvs Zieds

subject

:LAW/JURISPRUDENCE::Other law::European law [Research Subject Categories]:LAW/JURISPRUDENCE::Financial law [Research Subject Categories]

description

The objective of this thesis is to analyse the scope and current restrictions of the reverse solicitation regime vis-à-vis European financial services law. Given the reliance on ambiguous terminology, ill-defined concepts and inconsistencies throughout MiFID II, the analysis throughout the work concludes that the concept of reverse solicitation in its current form cannot be reliably utilised by third-country financial service providers due to numerous inadvertent non-compliance risks. The study concludes that the current reverse solicitation regime needs to be heavily revised to allow for a sufficient degree of legal certainty.

https://dspace.lu.lv/dspace/handle/7/49596