Abstrakt
The paper deals with independent investment advice institute under MiFID II. The content of this paper is mainly characterization of the institute and analysis of selected issues associated with its prospective application, along with the distinction of independent and non-independent investment advice.
The paper focuses primarily on analysis of assessment of a sufficiently wide range of financial instruments as a conceptual characteristic of independent investment advice. Attention is also given to the question of "limited" independent investment advice.
Within the paper the author points out several problematic issues that might lower the legal certainty level of the investment firms providing independent investment advice in the future.