On 3 January 2018, the revised Markets in Financial Instruments Directive (MiFID) and Markets in Financial Instruments Regulation (MiFIR), together "MiFID II", came into force.
MiFID II covers Financial Services businesses operating anywhere in the European Economic Area ('the EEA') and was created to address a number of weaknesses identified during the financial crisis. It introduced greater protection for investors to make financial markets in Europe more resilient, transparent and investor-friendly.
The following frequently asked questions outline the key changes and impacts of MiFID II and what you can expect.
Frequently Asked Questions
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Should you have any questions related to the information provided in these reports or the regulation in general, please speak to your HSBC Relationship Manager or Investment Counsellor.