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Updated rules for markets in financial instruments: MiFID 2

Updated Rules for Markets in Financial Instruments: MiFID 2

Date: 30.06.2016

A Directive and a Regulation extending the application date of MiFID II and MiFIR by one year have been published in the Official Journal of the European Union. The date of application will be 3 January 2018. The transposition of MiFID II into national laws has also been extended to 3 July 2017. In addition the co-legislators agreed on limited substantive amendments to MiFID II and MiFIR, notably regarding the pre-trade transparency for package transactions, the exemption for non-financial entities dealing on own account and the transparency for securities financing transactions.

Source: http://ec.europa.eu/finance/securities/isd/mifid2/index_en.htm

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