EU must lead global effort to integrate financial markets, says EC commissioner
Mifid and the EU’s clearing and settlement policies will play a vital role in achieving integrated global financial markets, according to a top regulator.
The European market must be ready to integrate on a global scale, and the Markets in Financial Instruments Directive (Mifid) will be instrumental in achieving integrated global financial markets, said the European Commission’s commissioner for internal market and services Charlie McCreevy.
Speaking at the Finance Foundation Conference today, commissioner McCreevy emphasised that the Financial Services Action Plan (FSAP), of which Mifid is the cornerstone, will transform trading and make the EU
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