EU rapporteur says Mifid II is ‘too complicated’

Bankers claim new rules “trap liquidity”

EU flag
EU's Mifid II is set to take effect at the start of 2017

The EU official responsible for the second Markets in Financial Instruments Directive (Mifid II) told a conference in Amsterdam today (June 4) that the new rules are "too complicated" for the industry to understand.

Cora van Nieuwenhuizen, a Dutch member of the European Parliament's Economic and Monetary Affairs Committee and a rapporteur on Mifid II, said the directive was "a very, very bad example" of regulations that are too detailed and rigid.

The European Securities and Markets Authority's

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here