Regulatory reports

In compliance with the requirements of MiFID II, financial services firms must provide users with an accurate and fair cost estimate that includes all costs arising from a pending investment decision. This information must be disclosed before (i.e. ex-ante) the user makes their final investment decision. In this way, users are provided with the necessary information to make informed investment decisions in advance and are free to decide otherwise during the transaction process.

In this section you will learn about regulatory reports. We will also show you how to implement them in the best possible way using the Upvest Investment API.

• Pre-transaction (ex-ante) cost reporting Upvest is obliged to document and retain the respective pre-transactions cost reports on a durable medium, which allows for proper documentation that the financial services firm has complied with applicable regulations and disclosed the official information, and can be used retrospectively for audit purposes.