Signs of uncertainty over Mifid


Both European Union commissioner for the internal market Charlie McCreevy and Financial Services Authority (FSA) chief executive John Tiner spoke about the importance of implementing the Markets in Financial Instruments Directive (Mifid) on time.

McCreevy acknowledged the challenges that Mifid is posing. He said: "Mifid is close. But not close enough. Governments, regulators and companies have to implement it. It is true the costs of implementation will be front-loaded, while the benefits will

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