Method in the Mifid madness

Rarely has an EU abbreviation caused so much consternation, confusion and opportunity in the EU investment community as has Mifid.

Standing for Minimum Funding Directive, Mifid is set to revolutionise - for those who wish to be revolutionsed - the financial landscape in the EU.

It aims to make more transparent and competitive the EU market for financial services and products, and aims to stop EU nations erecting barriers to cross-border trade. Its effects could be wide-ranging - allowing hedge