MiFID II / MiFIR MiFID-II-Scope-Directive-2014-65-MiFIR-Regulation-600-2014-Effective-3-January-2018-ESMA-NCAs-Authorisation: MiFID II + MiFIR Scope + Directive 2014/65 + Regulation 600/2014 + 3 January 2018 + ESMA + NCAs + Authorisation
Establish the legal foundation of EU MiFID II (Directive 2014/65/EU) and MiFIR (Regulation 600/2014) adopted 15 May 2014 + published OJ 12 June 2014 + effective 3 January 2018 (delayed from 3 January 2017 by Directive 2016/1034 + Regulation 2016/1033). Replaced MiFID I 2007 (Directive 2004/39/EC). Foundational EU framework for investment services + trading venues + transparency + investor protection. Implementing measures include Commission Delegated Regulation (EU) 2017/565 (organisational requirements) + 2017/567 (MiFIR supplements) + Commission Delegated Directive (EU) 2017/593 (client funds + product governance + inducements) + 30+ ESMA RTS/ITS. Scope: investment firms (Article 4(1)(1)) + market operators + data reporting service providers + third-country firms. Authorisation Articles 5-10 + passporting Article 34 enabling cross-border services across EEA. ESMA (European Securities and Markets Authority) coordination + 27 EU National Competent Authorities (NCAs) including BaFin + AMF + Consob + CNMV + AFM. MIFID II REVIEW 2024-2025: Listing Act 2024 + RTS 27 best execution reports abolished + consolidated tape revival + research unbundling reversed for SMEs + payment for order flow ban + retail investor strategy + FIDA Regulation 2024 financial data access.
Maintained by Gerard Blokdyk·Verified against the published standard ·Control text last updated
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HITECH-SubtitleD-StrengthIndividualRights HITECH Subtitle D - Strengthened Individual Rights (Electronic Access, Accounting of Disclosures, Restrictions, Sale Prohibition)