European countries miss January Mifid deadline

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Only a handful of European countries met the January 31 deadline for transposing the European Union's (EU) Markets in Financial Instruments Directive (Mifid) into national law. The failure could threaten the smooth adoption of the new rules, scheduled for implementation on November 1, warn lawyers.

There is so far little consensus on which countries met the deadline. The Committee of European Securities Regulators, an independent body established to improve co-ordination among securities

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