Press Release: Markets in Financial Instruments Directive (‘MiFID’): Commission sends formal drafts for ‘level 2’ implementing measures to Parliament and ESC

The European Commission on 6 February 2006 presented its formal drafts to the European Parliament and the European Securities Committee (ESC) for a series of technical measures implementing the Markets in Financial Instruments Directive (MiFID). The MiFID was one of the corner stones of the Financial Services Action Plan which sought to create a single market for financial services in Europe and was also a response to structural changes in the European securities markets.

European Commission: Memo: MEMO/06/57, Frequently Asked Questions on MiFID: Draft implementing 'level 2' measures, 6.2.06 http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/121&format=HTML&aged=0&language=EN&guiLanguage=en

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