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Published]","attribution":{"prepared_by":"ESMA","published_by":"ESMA","published_in":"ESMA Q&A tool","document_type":"qa_answer","legal_nature":"not_legislation","addressees":"not stated in the document","dates":{"published_on":"2018-03-23","question_submitted_on":"2018-03-23","locators":{"published_on":"ESMA Q&A Excel export ESMA_QA_1812, column 'Esma responses', date line","question_submitted_on":"ESMA Q&A Excel export ESMA_QA_1812, column 'Date of submission'"}},"adoption":null}},"provenance":{"official_url":"https://www.esma.europa.eu/publications-data/questions-answers/1812","check":{"result":"matched","checked_at":"2026-10-26","against":"the ESMA publication"},"repo_path":"spaces/mifid-ii/level-3/q-and-a/esma/esma-qa-1812-post-sale-reporting.md","body_sha256":"1419b93757cee2219aa24b90b03262a9f68dfab03912793692353215ff0c80da"},"units":[],"markdown":"---\ntitle: \"ESMA Q&A 1812 — Q&A — Post-sale reporting [Answer Published]\"\nshortTitle: \"ESMA Q&A 1812 — Q&A — Post-sale reporting [Answer Published]\"\nanswer_id: ESMA_QA_1812\ntopic: \"Reporting to clients\"\nstatus: \"Answer Published\"\ntype: qa\ninstrument_type: qa\nauthority: ESMA\nbinding: false\nbinding_character: non_binding\nlegal_status: in_force\nregulation: \"MiFID II\"\nmifid_level3: true\nmica_level2: false\nlegal_basis: \"MiFID II\"\ndate: 23 March 2018\nsource_link: https://www.esma.europa.eu/publications-data/questions-answers/1812\nlifecycle: \"Answer Published\"\ntext_version: \"ESMA Q&A register, 23 March 2018\"\nsource_url: \"https://www.esma.europa.eu/publications-data/questions-answers/1812\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\nchecked_against: \"the ESMA publication\"\nsource:\n  prepared_by: \"ESMA\"\n  published_by: \"ESMA\"\n  published_in: \"ESMA Q&A tool\"\n  evidence:\n    prepared_by: \"ESMA Answer\"\n    locator: \"ESMA Q&A entry ESMA_QA_1812: field 'ESMA Answer', no 'Answer provided by' line\"\ndocument_type: \"qa_answer\"\nlegal_nature: \"not_legislation\"\naddressees: \"not stated in the document\"\ndates:\n  published_on: \"2018-03-23\"\n  question_submitted_on: \"2018-03-23\"\n  locators:\n    published_on: \"ESMA Q&A Excel export ESMA_QA_1812, column 'Esma responses', date line\"\n    question_submitted_on: \"ESMA Q&A Excel export ESMA_QA_1812, column 'Date of submission'\"\nlifecycle_label: \"Answer Published\"\n---\n\n**Answer by ESMA, published in its Q&A tool · not legislation · published 23 Mar 2018 [Answer Published]**\n\n*Answer Published · ESMA Q&A register, 23 March 2018 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/1812)*\n\n| | |\n|---|---|\n| **Full title** | ESMA Q&A 1812 — Q&A — Post-sale reporting \\[Answer Published\\] |\n| **Prepared by** | ESMA |\n| **Published by** | ESMA, in the ESMA Q&A tool |\n| **Reference** | ESMA_QA_1812 |\n| **Document type** | Q&A |\n| **Legal nature** | Not legislation |\n| **Addressees** | Not stated in the document |\n| **Dates** | Published 23 March 2018; question submitted 23 March 2018 |\n| **Legal basis** | MiFID II |\n| **Related instruments** | None recorded |\n| **Text on this page** | Word for word — the full text of the ESMA publication |\n\n**Post-sale reporting**\n\n### Question\n\nFor the purpose of Article 62(1) of the MiFID II Delegated Regulation, if the same threshold is exceeded again and again during the same reporting period, should the firm report the fact to the client each time the threshold is exceeded?\n\n***\n\n### Answer\n\n\\[ESMA 35-43-349 MiFID II Q&As Investor protection Ch. 8, question 12\\]\n\nNo, ESMA’s view is that no new information is needed for the purpose of Article 62(1) of the MiFID II Delegated Regulation if no new threshold is exceeded during the same reporting period.\n\nEXAMPLE:\n\nDate\n\nValue of the portfolio\n\nChange in value of the portfolio\n\nObligation to report (in line with Article 62(1) of the MiFID II Delegated Regulation?\n\n3 Jan 2018\n\n100,000 €\n\n-\n\n-\n\n10 Jan 2018\n\n90,000 €\n\nDepreciation of 10%\n\nObligation to report\n\n25 Jan 2018\n\n92.000 €\n\nIncrease of 2%\n\nNo obligation to report\n\n27 Jan 2018\n\n89,000 €\n\nAdditional depreciation of 3%\n\nNo obligation to report\n\n***\n\n**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/1812)\n"}