Capco’s Regulatory Monitoring Newsletter
MiFID II/MiFIR – Final texts published
The final texts of the revised Markets in Financial Instruments Directive (“MiFID II”) were published in the Official Journal of the European Union on 12 June. These Level 1 texts are divided into a directive (MiFID II) and a directly applicable regulation (MiFIR). MiFID II will enter into force beginning of July 2014 and will be effective as of January 2017.
A number of aspects of MiFID II will be specified in the Level 2 related delegated and
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