Consob, following the Consultation with the financial market started on 21 February 2020, has adopted a "Recommendation on the ex post reporting methods of costs and charges connected with the provision of investment and ancillary services".

The initiative of Consob is part of the regulatory framework of MiFID II and of the related delegated acts, requiring intermediaries to provide more information transparency on the costs and charges connected with the provision of investment and ancillary services, with the purpose of allowing investors to an informed evaluation of the investments made.

Recommendation No. 1/2020 of 7 May 2020

Explanatory report (8 May 2020) [only in Italian]

Opinion of the Market Operators and Investors Committee (COMI) [only in Italian]

Consultation document of 21 February 2020 [only in Italian]

Comments to the Consultation Document of 21 February 2020 (8 May 2020) [only in Italian]