Financial Instruments Directive (MiFID II)

The Financial Instruments Directive II (MiFID II) is a European regulation designed to improve the functioning of financial markets and enhance investor protection. It aims to increase transparency, ensure fair competition, and impose stricter rules on financial firms regarding their operations and reporting. MiFID II covers various financial products and services, requiring firms to provide clearer information to investors, conduct thorough assessments before offering services, and maintain high standards in trading practices. Ultimately, it seeks to foster a safer, more efficient financial environment for both businesses and consumers in the European Union.