ESMA Q&A 1745 — Q&A — Recommendations on multiple issuers [Answer Published]

Recommendations on multiple issuers

Question

How does Commission Delegated Regulation (EU) 2016/958 apply when the subject of the recommendation relates to multiple issuers independently?

---

Answer

[ESMA70-145-111 MAR Q&A, Q&A 8.9]

When a recommendation refers to several issuers independently, for example as part of sectorial research, the requirements would apply independently to every issuer that is the subject of the recommendation.

---

Source: ESMA original document