Regulation

‘More whimper than bang’: What the City is saying about Mifid II

New EU rules represent the the biggest changes to securities trading in the region of the past decade

‘More whimper than bang’: What the City is saying about Mifid II
Photo: Getty Images

After years of planning, much back and forth with the securities industry and a 12-month delay, the European Union's revised Markets in Financial Instruments Directive — or Mifid II — has come into force.

The giant rulebook's new directives came into force today and represent the biggest change to European trading regulations of the past decade.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It