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Fears of overreach in Mifid II and Mifir bond rules

Industry experts warn new Mifid and Mifir proposals might push business overseas

backdoor-regulation

Businesses will be regulated by stealth under the new Markets in Financial Instruments Directive (Mifid) II proposals and the accompanying Markets in Financial Instruments Regulation (Mifir) released yesterday, according to industry experts.

The extension of the transparency rules for share trading under Mifid I that apply to bonds and commodities is a key area of concern.

"One area we are

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