|Mifid II is keeping the market up at
The new Markets in Financial Instruments Directive
(Mifid II): if you don't know about this major addition to the
EU's market oversight rules, you have clearly either been
avoiding the news or been living under a rock.
Mifid's mild madness
Given all the media coverage and analysis Mifid II got ahead
of its January 3 launch date, its coming into effect was a bit
of an anti-climax. Commentators predicted widespread confusion
because many in-scope organisations and trading venues would
not have time to comply with extensive requirements.
A lot of them probably didn't make the deadline. But what
regulators said wouldn't happen actually happened: a number of
them announced that the implementation of some rules would be a
subject to a further delay. The European Securities and