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European Parliament backs Mifid II delay

The EU's legislative body is ready to accept a one-year delay provided implementation rules are swiftly finalised

European Parliament backs Mifid II delay

The European Parliament has come out in favour of a one-year delay to the EU’s trading rulebook overhaul, provided that the roadmap on the implementation of the new rules is “swiftly” finalised.

The EU's legislative body informed the European Commission that it is "ready to accept" a one-year delay of the entry into force of the revised Markets in Financial Instruments Directive, according to a statement from the Parliament's economic and monetary affairs committee on November 27.

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