Frequently asked questions ban on inducements for investment firms - Placement fees
Frequently asked questions - Ban on inducements for investment firms - Placement fees
What are placement fees?
Placement fees are fees for certain activities by the investment firm, such as the preparation of a prospectus, the compilation of research reports and the structuring of transactions.Send this question
Which placement fees are covered by the ban on inducements?
The most common form of placement fees concern transactions in the primary market. Since this usually concerns transactions between professional investors, these fees are not covered by the ban on inducements. Only placement fees relating to secondary market transactions are banned (investment management, investment advice and execution-only services).Send this question