In the evolving political landscape of the EU’s Financial Services Action Plan, the clock is ticking on the ‘biggest and most far-reaching’ directive of them all – the Markets in Financial Instruments Directive (MiFID).
Previously also known as ISD2, MiFID will replace the current Investment Services Directive, with a live date already postponed twice to November 1, 2007. So there are barely 18 months remaining for investment services firms across Europe to prepare themselves.
