An in-depth understanding of this new EU directive, with aspects and implications for the different business lines in financial markets.
|The MiFID revolution|
|Origins and structure of MiFID|
|Suitability and appropriateness under MiFID: 'faithful watchdogs' or 'terrible twins'?|
|Best execution rules under MiFID|
|Financial market data and MiFID|
|Guarding against conflicts of interest: where do we stand?|
|The MiFID approach to inducements: imperfect tools for a worthy policy objective|
|MiFID's impact on the fund management industry|
|MiFID and bond market transparency|
|The MiFID regulatory and supervisory architecture|
|MiFID and Reg NMS: a test-case for 'substituted compliance'?|
|Annex I: list of services and activities and financial instruments|
Alessandra Chirico, Ph.D. is currently Head of Research at the European Capital Markets Institute (ECMI) and Research Fellow at the Centre for European Policy Studies (CEPS). She was formerly MiFID compliance manager at Saxo Bank A/S in Copenhagen.