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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

Antonio Caldas

Program/Project/HR and Risk manager with 15+ years mix-industry, with a particular emphasis in Banking & Financial Services. Active in risk management, market risk control, front office risk management, product control, change and transformation management, business analysis and business process improvement for global capital markets and investment banking, covering a multiple range of asset classes.

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