Member states plead for more time for MiFID

By Graham Bippart
28 Jan 2016

A fight between the European Commission and the member states of the Union could allow the Markets in Financial Instruments Directive II to split into myriad national interpretations — a nightmare for those trying to implement the complex new rules.

At a meeting of the European Union’s Financial Services Committee on January 21, a representative of the European Commission announced a plan to propose a postponement of MiFID II and the Markets in Financial Instruments Regulation (MiFIR) by one year to January 2018, but without postponing the July ...

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