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INVESTMENT FUNDS INSIGHT ISSUE 1 | EUROPE 26 Apr 2017

MiFID for asset managers

The original Markets in Financial Instruments Directive (“MiFID”) sought to remove barriers to cross-border financial services within Europe for a safer, more transparent and evenly balanced marketplace. From 3 January 2018, MiFID II will require everyone engaging in the dealing and processing of financial instruments to implement new policies, procedures and systems to ensure compliance with the new regime.

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The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Readers should take legal advice before applying it to specific issues or transactions.

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