Mifid, Round Two, Packs a Punch
By James Rundle
Published November 29 2011 Waters
At 196 pages, the European Commission’s review of the Markets in Financial Instruments Directive (Mifid II) is not what any rational person would consider to be light reading. The proposal, which will now be put to the European Parliament for consideration and debate with a tentative date of 2014 for ratification, sets out a vision for how markets in Europe will be regulated. However, questions still remain over certain high-profile areas, and opinions on the release are mixed among financial services professionals.
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