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Information about MiFID

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The Markets in Financial Instruments Directive MIFID (Directive 2004/39/EC) came into force on 1st November 2007. The MiFID set out a regulatory framework in order to adequate and competent measures for harmonization of regulations, procedures and requirements concerning the investment intermediaries thus deriving to higher level of protection and security for the clients. MiFID applies to investment firms and credit institution in the EU and covers several financial services such as execution of orders, investment advice etc..but also main financial instruments such as equities, money market instruments, derivatives.


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