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EU Council set to support Mifid II delay

A one-year delay to the introduction of new European trading rules is now all but certain

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European Union Flag

A one-year delay to the introduction of new European trading rules is now all but certain after the body which represents EU member states signalled its support for the move.

An amendment is now set to be introduced into the European Parliament in January to pave the way for the postponement of Mifid II's start date to January 2018.

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