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ARTICLE · 05 SEPTEMBER 2017

Irish MiFID II Regulations Transposing MiFID II Have Now Been Published

Matheson
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On 10 August 2017, the Minister for Finance, Paschal Donohoe TD (the "Minister") signed the European Union (Markets in Financial Instruments) Regulation 2017 (the "MiFID II Regulations")...

IrelandFinance and Banking
Joe Beashel
Joe Beashel
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On 10 August 2017, the Minister for Finance, Paschal Donohoe TD (the "Minister") signed the European Union (Markets in Financial Instruments) Regulation 2017 (the "MiFID II Regulations") which have been publically available from 14 August 2017 and may be accessed here.

The MiFID II Regulations give effect to the Markets in Financial Instruments Directive 2014/65/EU, Commission Delegated Directive (EU) 2017/593 and full effect to Regulation (EU) No. 600/2014 ("MiFIR"), (collectively "MIFID II") and will enter into force on 3 January 2018.

The MiFID II Regulations do not introduce any gold plating requirements. However, the Minister has exercised certain national discretions, meaning that the Irish implementation may differ from other member states who do not exercise such national discretions.  This note considers the national discretions exercised by the Minister and the consequential impact on Irish domestic legislation.  It will be of relevance to Irish

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