MiFID News

  • Flash News: Review of MiFID Directive
    On 20 October, the European Commission published its review of MiFID which consists of an amended Level 1 Directive (2004/39/EC) and of a new Regulation (MiFIR). The changes are far reaching and quite controversial in their impact. With approximately one year of negotiations for the Level 1 text within the EU Parliament and the Council and with two years' transposition (of the Directive), MiFID will probably come into play at the beginning of 2015. As for level 2 measures, they will be developed during 2013/2014.
    October 2011