MiFID_II_EN

11 In a way it will, but more importantly, MiFID II will provide necessary pro- tection to both customers and financial institutions. As a customer wanting to invest in shares or in an investment fund, get- ting questions from your bank about your income and future plans may be a little unpleasant. And for a financial institution it is not always easy to help a customer in a spontaneous way. However, financial institutions believe that it is much more important for them to help clients administer their assets and investments wisely and safely. Therefore, they support the key principles of MiFID II: increased investor protection alongside improvedmarket transparency and com- petition . Won’t MiFID II increase the administrative burden on customers and financial institu- tions?