At long last, the Markets in Financial Instruments Directive
reform package (Mifid II) has been announced. But the final
accord, aimed at overhauling Europe's securities markets, has
proved more than a little underwhelming.
Mifid II was approved 'in principle' at a meeting between
the European Parliament, European Commission, and Council of
the EU on January 14.
The rules are intended to address the market fragmentation
caused by the original Mifid directive, shine...