Telephone 020 3813 2890 for a free no obligation chat about your regulatory requirements with one of our compliance consultants.

© Compound Growth Limited 2012 - 2018 | Terms of Use

Registered in England and Wales as limited company number 07626537 - Registered Office 120 Pall Mall, London, SW1Y 5EA

We use cookies, if you consent to this use, please continue to browse our site.

Here to help with Regulation and Compliance

Compound Growth

15th December 2015

MiFID II Consultation

FCA consults upon secondary trading of financial instruments whilst Europe decides whether to delay implementation by a year.

The second Markets in Financial Instruments Directive (MiFID II) is set to apply from 3rd January 2017 across all EU member States. In preparation, all Member States must change their laws and regulations in line with the directive six months prior to implementation, by 3rd July 2016.

Whilst the Financial Conduct Authority today confirmed that the European Parliament, the Council of the European Union and the Commission are all in discussion as to whether the implementation date of MiFID II should be pushed back by one year, that is yet to be decided.

As such, the regulator has pressed ahead with issuing the first of two MiFID II Consultation Papers today, with the second Consultation Paper due in the early part of 2016 unless there is a change to the legislated timetable in the meantime.

Secondary Trading of Financial Instruments

This first consultation paper (CP15/43) from the regulator deals with issues related to the FCA’s regulation of the secondary trading of financial instruments with views sought from industry members before the closing date of 8th March 2016.

To view the full consultation, click here.

MiFID II Related Reading:


MiFID II: FCA Consults upon Secondary Trading of Financial Instruments

News & Views News & Views

Read our latest articles, news and views affecting compliance and regulation in the UK Financial Services Industry.

Contact Us

MiFID II Proposed Date

Timetabled for implementation in 2017, Europe is discussing if this should be pushed back a year.



03

2017

JAN

** Update March 2016: Since the below was written, the European Commission has confirmed implementation of MiFID II is to be extended to 3rd January 2018. Click here to read about the MiFID II extension.**