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1.Market Observations, 8.Was Sticky

3 Jan 2018 (AFR) – Europe begins countdown to day of the Mifid

(3 January 2018, AFR, p27, by Philip Stafford and Peter Smith)

‘January 3 marks a defining moment in financial regulation, the much anticipated introduction of a revamped version of Europe’s Markets in Financial Instruments Directive, more commonly known as Mifid II. The gigantic piece of EU legislation, more than seven years in the making and containing more than 1.7 million paragraphs of rules, will affect every corner of the continent’s financial services system from banks to brokers, asset managers to pension funds, stock exchange operators to retail investors.

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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