Mifid implementation "better than expected"

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BRUSSELS - One year on from the implementation of the Markets in Financial Instruments Directive (Mifid), Charlie McCreevy, European commissioner for internal markets and services markets, speaking at the Mifid conference in Brussels on November 13, appraised the effect of the European directive. "While we are still seeing some teething pains, our preliminary assessment is that implementation has been better than many feared. Not perfect, but better than expected," he said.

He also stated that

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