On 3 January 2018, the new Markets in Financial Instruments Directive (“MiFID II”) and Markets in Financial Instruments Regulation (“MiFIR”) (collectively the “MiFID II package”) will come into force across Europe, with significant ramifications for users of European financial markets.
This briefing summarises the major changes wrought by the MiFID II package on European financial markets as they affect end users of those markets, and discusses some of the practical implications for such users.