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ARTICLE · 07 DECEMBER 2017

MiFID II: Are You Ready?

Arendt & Medernach
Arendt & Medernach
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Arendt & Medernach

Arendt & Medernach

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MiFID II revises and completes the rules currently in place. In particular, the scope of regulated products and activities is extended.

LuxembourgFinance and Banking

Since 2007, the aim of the Markets in Financial Instruments Directive (MiFID) has been to establish a regulatory framework for the provision of investment services in financial instruments and for the operation of regulated markets by credit institutions and market operators within the European Union financial markets.

MiFID II revises and completes the rules currently in place. In particular, the scope of regulated products and activities is extended.

Towards a more comprehensive and stringent legal framework

MiFID II aims at establishing a safer, sounder, more transparent and more responsible financial system, in particular by:

  • extending market transparency,
  • strengthening investor protection,

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