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Four Form MiFID Group

INDUSTRY ISSUES

Four major industry associations last week announced the creation of a Joint Working Group to address the compliance requirements created by the European Union Markets in Financial Instruments Directive (MiFID).

MiFID was issued in April 2004 and will affect participants in the financial services industry in all 25 member states of the EU across their activities in almost all asset classes.

The working group will have representatives from FIX Protocol Ltd, ISITC Europe, the Reference Data User

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