Europe opens door to Mifid II package trade waiver
MEPs to vote on four changes to Mifid II text on March 17
Industry complaints about Europe's incoming trading and transparency rules appear to have paid off, after politicians agreed to review three controversial elements of the text – including a carve-out for so-called package trades – prior to a February 29 deadline.
The changes became possible when legislators moved to postpone the second Markets in Financial Instruments Directive and its accompanying regulation (Mifid II and Mifir), but some had warned against making other changes when reopening
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