Date: 3rd January 2018
On the day it becomes directly applicable, the long-awaited revised Markets in Financial Instruments Directive (MiFID II) gives birth to a new and healthier environment for financial services and instruments across the Single Market. Although only 11 out of 28 Member States have implemented the Directive so far, the past two years have been a race for investment firms, credit institutions, market operators and other obliged entities to align their businesses with the new requirements imposed by MiFID II.