The effectiveness of the Markets in Financial Instruments Directive (MiFID) is about to be reviewed and it looks as if the post-trade transparency provisions that currently apply only to equity trades will be extended to cover bonds and other non-equity trades.
The Internal Market and Services Directorate-General of the European Commission (EC), which created MiFID, will conduct the MiFID review this year. It will look at many aspects of the directive, not just transparency, and will listen to advice given to it by the Committee of European Securities Regulators (CESR).
