The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has voted to delay the entry into force of MiFID II by a year. Apart from adapting the date, the ECON also voted in favour of a few targeted amendments to create a specific transparency regime for packaged transactions, introduce a clarification for the own account exemption and exempt securities financing transactions from the MiFID II transparency rules.
View ECON votes to adopt draft reports on legislative proposals to delay application of MiFID II, 8 April 2016