New EU Regulation on Payments for Execution and Research Services for Investment Firms
02 Jun 2026
Effective: 02 Jun 2026
0 views
Who is affected:
Investment firms providing portfolio management services or investment services in the EU
Summary
The EU streamlines how investment firms can pay for financial analysis services, allowing joint or separate payments. Annual assessment of the quality of research contracted to third parties is required.
Detailed analysis
PRO
This Delegated Directive amends Directive 2017/593 to adapt the payment conditions for execution and financial research services from third parties to investment firms. Flexibility is introduced for these firms to choose between paying jointly or separately for such services, removing the previous rigidity that discour…
Full official title
OJ:L_202600374: Directiva Delegada (UE) 2026/374 de la Comisión, de 20 de febrero de 2026, por la que se modifica la Directiva Delegada (UE) 2017/593 en lo referente a las condiciones para la prestación de servicios de ejecución y de investigación por terceros a empresas de inversión que prestan servicios de gestión de carteras u otros servicios de inversión o auxiliares