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| - | ====== Markets in Financial Instruments Directive II (MiFID I) ====== | + | ====== Markets in Financial Instruments Directive II (MiFID II) ====== |
| [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] | ||
| - | **Markets in Financial Instruments Directive II (MiFID II) is a 2018 update to the original [[]] and is a legislative framework instituted by the European Union (EU) to regulate financial markets in the bloc and improve protections for investors. Its aim is to standardize practices across the EU and restore confidence in the industry, especially after the 2008 financial crisis. | + | The EU's **Markets in Financial Instruments Directive II (MiFID II)** is a 2018 update to the original [[dido:public:ra:xapend:xapend.a_glossary:m:mifid]] and is a legislative framework instituted by the European Union (EU) to regulate financial markets in the bloc and improve protections for investors. Its aim is to standardize practices across the EU and restore confidence in the industry, especially after the 2008 financial crisis. |
| * MiFID II, a European Union packet of financial industry reform legislation, rolled out on Jan. 3, 2018.1 | * MiFID II, a European Union packet of financial industry reform legislation, rolled out on Jan. 3, 2018.1 | ||