Practical Law UK Glossary 0-200-9292 (Approx. 3 pages)
Glossary
Markets in Financial Instruments Directive (MiFID)
Directive(2004/39/EC) on markets in financial instruments which was repealed and recast by the MiFID II Directive (2014/65/EU) and the Markets in Financial Instruments Regulation (600/2014) (MiFIR). MiFID itself repealed the Investment Services Directive (93/22/EEC) (ISD) and came into force in the UK on 1 November 2007. Initially and through the legislative process, MiFID was referred to as the ISD2.