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---
title: "ESMA Q&A 1808 — Q&A — Post-sale reporting [Answer Published]"
shortTitle: "ESMA Q&A 1808 — Q&A — Post-sale reporting [Answer Published]"
answer_id: ESMA_QA_1808
topic: "Reporting to clients"
status: "Answer Published"
type: qa
instrument_type: qa
authority: ESMA
binding: false
binding_character: non_binding
legal_status: in_force
regulation: "MiFID II"
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legal_basis: "MiFID II"
date: 3 October 2017
source_link: https://www.esma.europa.eu/publications-data/questions-answers/1808
lifecycle: "Answer Published"
text_version: "ESMA Q&A register, 3 October 2017"
source_url: "https://www.esma.europa.eu/publications-data/questions-answers/1808"
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checked_against: "the ESMA publication"
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---

**Answer by ESMA, published in its Q&A tool · not legislation · published 3 Oct 2017 [Answer Published]**

*Answer Published · ESMA Q&A register, 3 October 2017 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/1808)*

| | |
|---|---|
| **Full title** | ESMA Q&A 1808 — Q&A — Post-sale reporting \[Answer Published\] |
| **Prepared by** | ESMA |
| **Published by** | ESMA, in the ESMA Q&A tool |
| **Reference** | ESMA_QA_1808 |
| **Document type** | Q&A |
| **Legal nature** | Not legislation |
| **Addressees** | Not stated in the document |
| **Dates** | Published 3 October 2017; question submitted 3 October 2017 |
| **Legal basis** | MiFID II |
| **Related instruments** | None recorded |
| **Text on this page** | Word for word — the full text of the ESMA publication |

**Post-sale reporting**

### Question

Article 62(2) of the MiFID II Delegated Regulation states “...Reporting under this paragraph should be on an instrument-by-instrument basis, unless otherwise agreed with the client...What kind of flexibility could be allowed by such an agreement with clients?

***

### Answer

\[ESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 8, question 8\]

Under Article 62(2) the MiFID II Delegated Regulation, investment firms should have the possibility to agree with their clients on the possibility to assess the 10 % depreciation on a aggregated basis, for example:

on the overall value of the portfolio, as required under Article 62(1) the MiFID II Delegated Regulation;

on the global value of all leveraged financial instruments or contingent liability transactions in the client’s portfolio.

In any case, the client should give his/her express consent to assess the 10% depreciation on an aggregated basis and the client should have the capacity to terminate it at any time.

***

**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/1808)