Mifid II : The Quest for Clarity
Marina Daras speaks to market participants about their thoughts and concerns on Mifid II ITS.
The Markets in Financial Instruments Directive (Mifid) was first adopted in 2007 in order to create a single market for the European financial services industry, focusing mostly on equities. But when the 2008 global financial crisis highlighted several loopholes in the regulation, European authorities started working on a updated version of Mifid, but this time extended its scope to include non-equities markets.
Mifid II entered the statute books on July 2, 2014 and is set to be implemented by
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