A Practitioner's Guide to MiFID
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A Practitioner's Guide to MiFID

A Practitioner's Guide to MiFID


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About the Book

MiFID - the Markets in Financial Instruments Directive - is one of the most wide ranging and ambitious directives flowing out of the EU's Financial Services Action Plan. Launching in November 2007, it is a key measure designed to further the development of a single European market in financial services. Whether it will be successful in that goal remains to be seen, but it is clear that the implementation of MiFID will have an enormous impact on the way that financial markets operate.MiFID extends the coverage of the current ISD regime and introduces new and more extensive requirements to which firms will have to adapt, in particular in relation to the: organisation and conduct of business of investment firms; operation of regulated markets; new pre- and post-trade transparency requirements for equity markets; creation of a new regime for 'systematic internalisers' of retail order flow in liquid equities; and more extensive transaction reporting requirements. This important new publication from City & Financial will provide readers with a definitive guide to the substantial changes in regulation that MiFID will usher in and includes contributions from the Financial Services Authority and leading industry experts.

Table of Contents:
Chapter 1 IntroductionMatthew Elderfield,Financial Services AuthorityChapter 2 Scope/Authorisation and Passport RightsChris Bates, Clifford Chance LLPChapter 3 Conduct of Business Standards - OrganisationalMichael Raffan,Freshfields Bruckhaus DeringerChapter 4 Conduct of Business Standards - Fair Dealing for ClientsRob Price, Financial Services AuthorityChapter 5 Conduct of Business Standards - Best Execution and Order HandlingDick Frase, Dechert LLPChapter 6 Transparency and Transaction Reporting StandardsVerena Ross, Financial Services AuthorityChapter 7 Regulated Market and MTF StandardsAdam Kinsley, London Stock Exchange andJames Smethurst,Freshfields Bruckhaus DeringerChapter 8 Commodity DerivativesJonathan Herbst, Norton Rose andMark Woodward, ICE


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Product Details
  • ISBN-13: 9781905121151
  • Binding: Paperback
  • ISBN-10: 1905121156
  • Language: English


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