House of Lords committee chair warns of Mifid liquidity costs


A House of Lords sub-committee has concluded that the review of the Markets in Financial Instruments Directive (Mifid) contains "fundamental flaws" that must be corrected urgently to avoid serious damage to the European Union's (EU) financial services industry. In an interview with Risk, the chair of the committee, Lord Harrison, says the new regime could constrict liquidity.

The review of Mifid, which includes the Markets in Financial Instruments Regulation (Mifir) and is commonly known as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: