What has happened? The European Commission has at last confirmed that the implementation date for the package of measures known as MiFID II has been pushed back 12-months. Investment firms now have until 3 January 2018 to implement the changes to their processes, procedures and documents. The main reason for the delay is the recognition […]

The Commission has issued this document to provide a brief update to regulated firms, the States of Guernsey and other stakeholders on recent developments relating to the EU’s Markets in Financial Instruments Directive that could have a significant impact of firms located in the Bailiwick who are, or may be in the future, undertaking relevant […]

More than three years after the implementation of MiFID, the review of the directive is now well on its way. Earlier this year, the Committee of European Securities Regulators (CESR) conducted consultations and provided the European Commission with technical advice on specific topics within MiFID. The European Parliament is also in the process of adopting […]