The FSA Timetable on MiFID

- February 2006. The European Commission's formal proposals on Level 2

- March 2006. HM Treasury consultation paper (CP) closed

- 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 CP (covering MiFID provisions on markets transparency, transaction reporting, authorization and permissions and enforcement and cooperation - but excluding conduct of business and financial promotions).

- June 2006

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