MiFid II delay gives market participants more preparation time
They should use the extra time wisely
The European Commission has confirmed to FX Week that it will table a proposal early next year to delay the application of the Markets in Financial Instruments Directive II (MiFid II) from its original start date of January 2017. While the commission did not disclose an exact time, it is widely expected to proffer January 2018.
While the request for a postponement was made at their behest, market participants did not really expect to be granted additional time, says Jodi Burns, global head of
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