Press Release: Commission extends by one year the application date for the MiFID II package

The European Commission proposed on the 10 February 2016 a one year extension to the entry into the implementation of the revised Markets in Financial Instruments Directive, or MiFID II, for the participants to be able to comply with the new rules in time. The deadline has been extended to 3 January 2018.

• Primary Source

European Commission: Banking and Finance: Securities:Updated rules for markets in financial instruments: MiFID 2 http://ec.europa.eu/finance/securities/isd/mifid2/index_en.htm

ESO: Background information: European Commission welcomes European Parliament vote on updated rules for Markets in Financial Instruments (MiFID II) http://www.europeansources.info/record/statement-more-transparent-and-safer-financial-markets-european-commission-welcomes-european-parliament-vote-on-updated-rules-for-markets-in-financial-instruments-mifid-ii/

Politico, 10.02.16: EC delays financial markets directive 1 year http://www.politico.eu/article/eu-commission-delays-financial-markets-directive-1-year-mifid/

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