On Monday 17 February, the European Commission launched a public consultation on the possible revision of the MiFID Directive and the MiFIR Regulation governing securities markets.
Although the rules, which entered into force on 3 January 2018 (see EUROPE B11932A8), have worked well overall, “some adjustments may be required”, the Commission explains, citing possible changes to investor protection rules.
The consultation also covers the introduction of a new transparency tool that would...