MiFID II Assistance

Since 2018 Equiniti Financial Services Limited has been required, under EU and now UK law, to collect additional information relating to customers and, where relevant, additional parties. This is now required under The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018.

Where a MiFID II form has been enclosed within the Verification Pack, this needs to be completed and returned with the completed Verification Form. The MiFID II form is used to collect information which is a regulatory requirement to help prevent fraud and market abuse.

The aim of MiFID II is to increase transparency and prevent market abuse. Part of the changes means we will have to provide additional information to regulatory bodies about your transactions.

If we have requested the details and information, you will need to provide this as it is a regulatory requirement.

Your NCI will vary depending on your nationality.

If you have sole UK nationality and you have a National Insurance Number, your NCI will be your National Insurance Number.

If you are a non-UK national, if you have dual nationality including the UK, or if you have sole UK nationality but do not have a National Insurance Number, you will have to determine your NCI.

You can do this by completing the Nationality Calculator here - prosearchassets.com/mifid

For shareholdings in joint names, you will have to provide these details for both shareholders. 

Yes, we can either post a new form to you or email you a copy to complete.

You can also download the relevant MiFID II form here.

Information of the shareholder and the Power of Attorney is required as the latter is deemed to be making the trading decision.