The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results.

The Market in Financial Instruments Directive (MiFID) is the regulatory legislation for firms offering financial instruments to clients. It focuses on firms providing services in shares, bonds, units in collective investment schemes and derivatives.

MiFID II definition

The Market in Financial Instruments Directive (MiFID) is the regulatory legislation for firms offering financial instruments to clients. It focuses on firms providing services in shares, bonds, units in collective investment schemes and derivatives.

After the 2008 financial crisis, a revised framework was created for MiFID, known as MiFID II. It includes updated regulations with a specific focus on improving the functioning of financial markets. The changes are expected to be introduced from 3 January 2017.

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