MiFID IIS COLLATERAL DAMAGE Regulation

摘要

It is dubbed the most significant regulatory change in European financial markets since the UK's 'big bang' of deregulation in 1986, and global banks describe it as the largest piece of regulation they have had to implement in a single day. The second iteration of the EU's Markets in Financial Instruments Directive (MiFID II) will upend the structure and operation of European trading.