Shearman And Sterling

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June 21, 2016

MiFID II Implementation Delayed to 2018

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The Council of the European Union has adopted legislation to delay the application of the Markets in Financial Instruments Directive and Markets in Financial Instruments Regulation by one year. This extension is due to concerns about the technical implementation challenges faced by financial market participants, national regulators and the European authorities. The extension should avoid much of the anticipated legal uncertainty which might otherwise have arisen.

View full memo, MiFID II Implementation Delayed to 2018

Authors and Contributors

Barnabas Reynolds

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5528

+44 20 7655 5528

London

Thomas Donegan

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5566

+44 20 7655 5566

London

Hervé Letréguilly

Partner

Capital Markets

+33 1 53 89 71 30

+33 1 53 89 71 30

Paris