Abstract
This paper provides a detailed commentary of arts. 21 through 30 of the new Markets in Financial Instruments Directive (Directive 2014/65/EU, MiFID II). Its primary target audience is legal practitioners who want to inform themselves about the operating conditions for investment firms in Europe, particularly the conduct of business rules. MiFID II will come into force on 3rd January 2018.
The aim of the commentary is to provide an understandable and at the same time thorough account of MiFID II’s requirements, the corresponding provisions in the MiFID II Delegated Directive (Directive (EU) 2017/593) and MiFID II Delegated Regulation (Regulation (EU) 2017/565) as well as ESMA’s guidance. The commentary also directs readers to issues that are in doubt or completely uncertain in the new regime, and it adopts a clear stance on these issues.
The aim of the commentary is to provide an understandable and at the same time thorough account of MiFID II’s requirements, the corresponding provisions in the MiFID II Delegated Directive (Directive (EU) 2017/593) and MiFID II Delegated Regulation (Regulation (EU) 2017/565) as well as ESMA’s guidance. The commentary also directs readers to issues that are in doubt or completely uncertain in the new regime, and it adopts a clear stance on these issues.
| Original language | English |
|---|---|
| Title of host publication | European Financial Services Law |
| Subtitle of host publication | Article-by-Article Commentary |
| Editors | Mathias Lehmann, Christoph Kumpan |
| Place of Publication | Oxford (UK) |
| Publisher | Hart Publishing |
| Number of pages | 87 |
| Edition | 1 |
| ISBN (Electronic) | 978-3-406-70870-1 |
| ISBN (Print) | 978-3-406-70870-1, 978-1-5099-2388-5, 978-3-8487-3690-4 |
| Publication status | Published - 2019 |