Hot topics: MiFID II
The MiFID II Directive (2014/65/EU) and the Markets in Financial Instruments Regulation (Regulation 600/2014) (MiFIR) will repeal and recast the Markets in Financial Instruments Directive (2004/39/EC) (MiFID). They are scheduled to come into effect on 3 January 2017, although this date may be postponed.
This note outlines at a high level, the MiFID II legislation. It also tracks developments in this area, and sets out the milestones for future development. It includes a key primary source material table, which contains links to key primary source material and related Practical Law Financial Services legal updates. It is not intended to be an exhaustive list of all relevant materials published by interested parties.