MiFID II

MiFID II

This overview provides a guide to the Corporate content within the MiFID II subtopic with links to the appropriate materials.

Background to MiFID and MiFID II

The Markets in Financial Instruments Directive (2004/39/EC) (MiFID), which replaced the Investment Services Directive (93/22/EEC) (ISD), was adopted in 2004 as a level 1 or framework directive under the Lamfalussy process and had to be implemented into the national laws of EU Member States by 1 November 2007 (although some Member States missed the implementation deadline). Its aim was to improve the competitiveness of EU financial markets by creating a single market for investment services and activities, and ensuring a high degree of harmonised protection for investors in financial instruments, such as shares,

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