Fears over EU rules unite City groups

A group of 11 leading UK trade associations has launched a move, August 2006, to influence the interpretation of the imminent European Union MiFID financial markets legislation amid fears UK regulators could take an overly-stringent approach.

United Kingdom: Financial Services Authority: Press Release, 31.7.06: FSA consults on MiFID rules for firms and markets http://www.fsa.gov.uk/library/communication/pr/2006/075.shtml

United Kingdom: HM Treasury / Financial Services Authority: Joint Implementation Plan for MiFID, May 2006 http://www.fsa.gov.uk/pubs/international/joint_mifid.pdf

MiFID Connect http://www.mifidconnect.com/

---