Denmark to pre-empt Mifid II on inducements ban

Industry opposes 2017 implementation, which would "endanger" investor protection

Danish Industry associations oppose early implementation of Mifid II's inducements ban

Dealers and fund managers in Denmark are pushing back over a proposal that would bring elements of Europe's trading and transparency rules into effect in the country one year early.

The so-called inducement ban in the second Markets in Financial Instruments Directive (Mifid II) is slated to enter into force in Denmark on January 1, 2017. This is a year earlier than it would take effect across the European Union because a one-year delay to the regime is close to finalisation.

"We believe that if

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