EC: Mifid to be introduced as 'regulation'
Wednesday 29 June 2011 - by A Hickley, N York & W Henley
The European Commission has revealed that elements of the long-awaited revised Markets in Financial Instruments Directive will be released as a binding regulation.
The decision means that the provisions in the Mifid text - delayed until at least October, as revealed by Global Financial Strategy earlier this month - are set to be much more stringent for member states.
For more information and live tweets from Global Financial Strategy's 'The MiFID debate' conference, sponsored by Morgan Stanley and Fidelity, please click here.
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