Easing the Burden for Financial Services Firms
Financial services firms that are headquartered or do business with customers in the European Union (EU) have been subject to the Markets in Financial Instruments Directive (MiFID) since its enactment in 2007. But now there is a new wrinkle — an enhanced version of this cornerstone of capital markets regulation. This wrinkle is known as MiFID II, and it needs to be addressed with a combination of technology and common sense.
General Goals and Requirements
MiFID II was designed primarily to further strengthen investor…
