Mifid II one-year delay not enough to solve problems, energy industry says

The anticipated one-year delay to January 2018 of implementation of the Mifid II rules still leaves energy firms little time to respond to the regime, given the number of key rules still not finalised

Tight timetable: firms await clarity on Mifid II

Even the widely anticipated one-year delay to the recast European Markets in Financial Instruments Directive (Mifid II) won't give the energy industry long enough to adapt unless key rules and definitions are finalised soon, say energy firms and consultants.

"I think even with the expected delay, the timetable is still tight and becoming ever more challenging if the regulator doesn't very soon resolve a number of uncertainties, particularly those around the exemption," says Leen Broekhuizen, a