Tell it to the judge
MIFID
While various elements of the Markets in Financial Instruments Directive (Mifid) have been scrutinised and questioned in consultation processes, one aspect of the legislation has been largely ignored – the issue of how Mifid will be enforced.
Mifid, which comes into effect on November 1 2007, will create a single market and standardise regulation for investment services across all 25 European Union (EU) member states. Mifid has been on the radar of European financial services firms for some time
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