Denmark to pre-empt Mifid II on inducements ban
Industry opposes 2017 implementation, which would "endanger" investor protection
Dealers and fund managers in Denmark are pushing back over a proposal that would bring elements of Europe's trading and transparency rules into effect in the country one year early.
The so-called inducement ban in the second Markets in Financial Instruments Directive (Mifid II) is slated to enter into force in Denmark on January 1, 2017. This is a year earlier than it would take effect across the European Union because a one-year delay to the regime is close to finalisation.
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