Februaury 16 2016
What is MiFID II?
The Markets in Financial Instruments Directive, or MiFID, has formed a cornerstone for the regulation of European investment services since its introduction in 2007. MiFID II is the second casting of the Directive issued by the European Commission and is due to come into force in January 2018. The aim of the new legislation, together with the accompanying Regulation on markets in financial instruments (MiFIR), is to overhaul, strengthen and extend the existing regulatory system in the EU.