The Timetable on MiFID

- Q2 2006. Publication of the FSA's systems and controls CP (covering requirements arising from MiFID and CRD)

- Q3 2006. Publication of the FSA's MiFID consultation paper (covering MiFID provisions on markets transparency, transaction reporting, authorization and permissions and enforcement and cooperation - but excluding conduct of business and financial promotions)

- July 2006. Vote of the ESC on Level 2 and adoption of the final Level 2 measures

- Q4 2006. Publication of the FSA's MiFID

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