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ReferenceTitleLink
FCA (2014b)Markets in Financial Instruments Directive II Pagehere

Summary

"These pages have been created by the FCA to help keep market participants, firms and consumers informed of developments relating to MiFID II. The Markets in Financial Instruments Directive (MiFID) is the framework of European Union (EU) legislation for: investment intermediaries providing services to clients in relation to shares, bonds, units in collective investment schemes and derivatives (collectively ‘financial instruments’) and the organised trading of financial instruments. MiFID was applied in the UK from 1 November 2007. But it is now being comprehensively revised to improve the functioning of financial markets in light of the financial crisis and to strengthen investor protection. We expect the changes to take effect from 3 January 2017. It will be known as MiFID II."


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