MiFID demands on regulatory reporting
MiFID stands for Markets in Financial Instruments Directive and is a far-reaching European regulation which imposes a comprehensive regulatory regime on investment services firms and markets throughout the EEA (EU + Iceland, Liechtenstein, Norway and Switzerland). MiFID came into effect across the EEA on November 1st 2007 it was driven by the European Commission via Committee of European Securities Regulators (CESR) and was transposed into law across most of the EEA countries.
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