Novelties brought by MIiFID II and their impact Cover Image

Noutăți aduse de MIFID II și impactul acestora
Novelties brought by MIiFID II and their impact

Author(s): Laurentiu Paul Baranga
Subject(s): Economy, Financial Markets
Published by: Editura Mustang
Keywords: trading venues; investor protection; financial services;

Summary/Abstract: The new legislative package MiFID II aims at increasing transparency and efficacy of markets, at limiting volatility, at enhancing the fair-play of intermediaries, as well as at a more integrated and more competitive market.To achieve these objectives, MiFID II has brought a set of new rules and requirements in order to strengthen the role of the capital market in the EU economy development, to adapt the financial services regulations to the new technological innovations, as well as to improve the investor protection methods and techniques. All these novelties brought by MiFID II will have a significant impact on all participants in the capital market, both in terms of internally used processes and IT systems and in terms of how they will define their business lines in the future.

  • Issue Year: 3/2018
  • Issue No: 5
  • Page Range: 301-306
  • Page Count: 6
  • Language: English