MiFID (Markets in Financial Instruments Directive) is an EU directive which took effect in 2007. It aims to ensure uniform rules for trading in financial instruments. The rules are based on principles of higher investor protection, increased transparency and a single regulatory regime across the EU member states, and, therefore, they support an improved single market for financial services. The directive affects financial institutions' trading in financial instruments, including advisory services and product development, as well as securities brokerage and asset management.
We have implemented a series of changes in the investment area, which were caused by the EU regulation MiFID II, launched in 2018. MiFID II was introduced to ensure a more transparent investment market and better investor protection.
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