13 Apr. 2007 - In its consultation paper Inducements under MiFID published in December 2006 (CESR/06-687) CESR explained that it was considering issuing recommendations setting out a common supervisory approach to the operation of Article 26 of the MiFID Level 2 Directive , entitled "Inducements".
In order to facilitate an open and transparent process CESR has decided to re-consult publicly on a draft of its recommendations before issuing them to CESR Members.
CESR invites responses to this consultation paper. Respondents can post their comments directly on CESR’s website (www.cesr.eu) under the section “Consultations”. The consultation closes on 27 April 2007.
On 24 April 2007, CESR will be hosting a public hearing in its premises.