The revised Markets in Financial Instruments Directive and associated Regulation (together, “MiFID II”) are EU financial markets legislation that took effect from 3 January, 2018. They have subsequently been ‘onshored’ to the UK, via a combination of legislation made by HM Treasury and rules contained in the FCA Handbook and the PRA Rulebook.
MiFID II brought about a comprehensive overhaul of the UK / European market structure and investor protection framework. The scope of application covers UK / EU investment firms, their branches, as well as UK / EU branches of non-UK / non-EU firms, providing MiFID II services and activities to clients for in scope financial instruments (including equities, bonds, UCITs and derivatives). The venues where these instruments are traded will also have to comply with the relevant MiFID II requirements.
On this page you will find key documentation, useful links to external resources, along with contact details should you require additional information on MiFID II.