The impact of the Market in Financial Instruments Directive (MiFID)
Abstract
Purpose
To introduce the Market in Financial Instruments Directive (MiFID).
Design/methodology/approach
Provides a brief overview of the MiFID, how it widens the scope of business permitted under the “passport” regime, the types of financial institutions it covers, and the time frame for implementation.
Findings
The biggest challenge facing regulated firms is the limited time they will have to comply with MiFID's requirements.
Originality/value
Discusses the scope and importance of MiFID.
Keywords
Citation
Jairath, A. (2005), "The impact of the Market in Financial Instruments Directive (MiFID)", Journal of Investment Compliance, Vol. 6 No. 3, pp. 50-51. https://doi.org/10.1108/15285810510659329
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited