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MiFID II and what it means for your firm

MiFID II and what it means for your firm
Posted on 7th August 2017

MiFID (Markets in Financial Instruments Directive) has been in force across the European Union since 2008, the aim of the MiFID was to ensure that all EU members shared a common and robust regulatory framework that protected investors. MiFID gave regulatory responsibility for firms outside the EU to each member state, this meant some firms gained a competitive advantage. MiFID II looks to address these regulatory issues, on the 3rd January 2018 the new directive will come into force.

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