Following on from the EU Commission’s December 2010 consultation to reform the Markets in Financial Instruments Directive (MiFID), the Commission published its legislative proposals on 20 October. Very broadly these proposals represent a comprehensive and profound set of reforms which if implemented, will lead to a reshaping of the financial markets, the products and services that banks provide and the relationship between banks and their customers.
The MiFID reforms cover seven main areas. The links on the right summarise the changes and the possible impacts for MiFID-regulated businesses.
If you would like further information on MiFID II, please contact: Michael Kent, Peter Bevan, Sarah Parkhouse, Nadia Swann, Carl Fernandes, Harry Eddis, or your usual Linklaters contact.
We regularly hold Breakfast Briefings on topical financial regulatory topics, including the MiFID Review. If you would like to be invited to these briefings please contact one of the FRG partners or your usual Linklaters contact.
If you have problems viewing the MiFID webpage correctly, please go to Tools (in your browser) and select Compatibility View in the menu.