The European Parliament has published provisional editions of:
- the text of the legislative proposal for a Directive that defers the date of application of MiFID II to 3 January 2018. It also defers the date by which Member States need to transpose MiFID II to 3 July 2017; and
- the text of the legislative proposal for a Regulation that defers the date of application of MiFIR to 3 January 2018. It also makes relevant amendments to the Market Abuse Regulation and the Regulation on improving securities settlement and regulating central securities depositories.
The texts need to be formally adopted by the Council of the EU.