What is MiFID for? MiFID stands for the Markets in Financial Instruments Directive, and it is the l...
What is MiFID for? MiFID stands for the Markets in Financial Instruments Directive, and it is the latest European Union financial services regulation to come into force, beginning on 1 November this year. MiFID is intended to replace the existing Investment Services Directive (ISD), and was adopted in 2004, though it has only just reached the implementation stage. It is a part of the Financial Services Action Plan (FSAP), an EU initiative aimed at bringing more uniformity to the single market for financial services. Who is covered by MiFID? As an extension to the framework provided ...
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