Abstract
The paper deals with the specificities of the MiFID II suitability assessment when providing investment advice. Attention is paid to the extent to which an investment firm or other investment services provider is authorized or even obliged to consider client's existing financial instruments, financial products or other types of investments when providing investment advice to a wider range of financial instruments, even if the respective investment firm does not provide any investment service to these assets.
The analysis considers the current interpretation of ESMA as well as practical experiences.