On 15 April 2014, the texts of the Markets in Financial Instruments Directive (recast) (MiFID II) and the Markets in Financial Instruments Regulation (MiFIR) were approved by the European Parliament in plenary session. This morning the Council of the European Union adopted the texts of MiFID II and MiFIR. The next stage is for the texts to be published in the Official Journal of the EU.
The date for publication in the Official Journal is not yet public but should be soon. The European Commission’s request to ESMA for technical advice on implementing measures indicates the entry into force of MiFID II and MiFIR (the twentieth day following that of its publication in the Official Journal) to be in June 2014.
View Markets in financial instruments: Council adopts new rules, 13 May 2014