MiFID II takes effect as of 3 January 2018. MiFID II (Markets in Financial Instruments Directive) is a revision of the European Markets in Financial Instruments Directive that came into effect in 2007 and the introduction of the MiFIR regulation.
The objective of MiFID II is to make European financial markets more transparent and to strengthen the investor protection. MiFID II revises certain rules and regulations for investment firms and trading venues.
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