European Commission threatens EU member states behind on Mifid

Victoria Pennington
04 Jul 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Last week, the European Commission followed up their April infringement proceedings against EU Member States who had not transposed the Markets in Financial Instruments Directive (Mifid) 2004/39/EC Level 1 into national law by 31 January with the next stage – “Reasoned Opinions”. These are directed against the 24 member states that have not transposed both Level 1 and Level 2 implementing directives, which means that only the UK, Romania and Ireland are in the clear.

The opinions state that, without satisfactory replies from Member States by September 2007, the matter will be referred to the European Courts of Justice (ECJ).

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You are currently on corporate access.