Since January 2018, the revised Markets in Financial Instruments Directive (MiFID II) of the European Union (EU) has applied to investment services and activities performed in the European Economic Area (EEA).

MiFID II is intended to strengthen investor protection, increase market transparency and further harmonise the European financial market. MiFID II is supplemented by a large number of more precise delegated acts and guidelines with detailed provisions. The Bank has the following documents available for customers in the EU/EEA.

Execution policy

Best execution policy

Quality reports

Top five execution venues for retail and professional clients

Quality of execution report

MIFID II customer information

General information

Product governance – Target market reconciliation

Target market reconciliation for traded options and financial futures

Ex-ante cost statement

Generic cost statement

Ex-ante example traded options and financial futures (TOFF)


Cantonal Bank of Saint Gall Ltd.
St. Leonhardstrasse 25
9001 St. Gallen

T +41 (0)71 231 31 31 

Postal account: 90-219-8
Clearing-No.: 781