The Council of the EU has published an information note from the General Secretariat of the Council to the Permanent Representatives Committee concerning the outcome of the European Parliament’s first reading of the proposed Markets in Financial Instruments Regulation (MiFIR). It states that the Parliament’s first reading reflects what had been previously agreed between the institutions and that the Council should therefore be in a position to approve the Parliament’s position. MiFIR can then be formally adopted using the wording corresponding to the Parliament’s position.

View Information note: Proposal for a Regulation of the European Parliament and of the Council on markets in financial instruments and amending Regulation [EMIR] on OTC derivatives, central counterparties and trade repositories – outcome of the European Parliament’s first reading, 22 April 2014