SiMIFID

MIFID II, new solutions


The Guideline 2014/65/UE - Markets in Financial Instruments Directive (MiFID II) and the Regulation (UE) n. 600/2014 - Markets in Financial Instruments Regulation (MiFIR), have the goal of increasing transparency and efficiency in financial markets and growing the tutelage of investors, generating numberless improvements in the financial service area.
The new law will enter into force on January 3rd, 2018, further to a one year postponement proposal, put forward by the European Commission and approved by the Counsel.

The dispositions that are in the Guidelines involve several fields including Market Transparency and the processing of Costs and inducements.

Market Transparency

  • Upgrade of the Transaction Reporting boundary
  • Introduction of the Position Reporting
  • Upgrade of the Post Negotiation Transparency area

Costs and subsidies

  • Ban-and-limit on inducements
  • Enhancement test
  • Punctual report on ex-ante and ex-post inducements

For these point SiGrade has arranged two new solutions for the market:
Go to Post Negotiation Transparency
Go to Costs and inducements

For advanced info, p.se contact
Email: commerciale@sigrade.it
Phone.: 0039 0521 275709