Lingering questions over Mifid II

Nearly one year on from the fundamental changes to Europe’s trading rulebook brought by Mifid II, its overall impact is still unclear


Like the sequel to a blockbuster film, there was a lot of hype before the launch of the revised Markets in Financial Instruments Directive (Mifid II) on January 3. The European regulation had been many years in the making. Its origins stemmed from the 2008 financial crisis to meet the demand for greater transparency and accountability in the markets.

But, while the dust has still not settled in respect to the changes brought about by Mifid II, there is already talk of further changes to the

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