FBE: Mifid Needs Clarifications
COMPLIANCE TECHNOLOGIES
LONDON—The European Banking Federation (FBE) recently issued its comments in response to the latest draft of the Markets in Financial Instruments Directive (Mifid) regulations from the European Union (EU), suggesting that many details may still require fine-tuning.
Although FBE officials explicitly welcome "some of the changes introduced by the commission in the current draft," federation officials, however, cite "several additional important changes" that need to be made.
The FBE, which
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