The Markets in Financial Instruments Directive (MiFID II) defines specific requirements for the provision of investment services and the organisational structure of investment firms. Furthermore, the directive also contains rules about the organisational requirements for trading venues, on the authorisation and ongoing obligations for providers of information services, on the powers of the competent authorities as well as the sanction requirements in the event of contravention of the new provisions.
German: MiFID (540)
Source: FMA AT m. e. E., 30.10.2018
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