In the field of financial services, 2018 began with the entry into force of the revised directive on the financial instruments market (MiFID II) on Wednesday 3 January. Considered the last area of reforms adopted following the financial crisis, it brings in a raft of measures aiming to increase the transparency of the financial markets and reinforce protection for investors (see EUROPE 11078).
Last month, the Commission issued several equivalency decisions recognising several regulated share...