EnglishThe Markets in Financial Instruments Directive (MiFID II) and the Markets in Financial Instruments Regulation (MiFIR) entered into force on 3rd January 2018. This new regulatory package is a fundamental change for the EU financial markets: adaptation in markets structures; strengthening of MiFID I requirements in terms of transparency and reporting to limit dark trading and enable consolidated tape across EU; strengthening high standards of investor protection throughout the EU.
The MiFID II regulatory package applies to those financial services businesses undertaking MiFID II business anywhere in the EU as well as those providing services cross-border. This includes investment firms, trading venues, data reporting service providers and third-country firms providing investment services or performing investment activities within the EU.
With the entry into force of MiFID 2 and MiFIR, HPC SA became a MiFID II Investment Firm, operating from Paris and London through its UK Branch. HPC SA has further decided to operate an Organised Trading Facility (OTF) for a number of its non-listed products.
The Markets in Financial Instruments Directive (MiFID II) and the Markets in Financial Instruments Regulation (MiFIR) entered into force on 3rd January 2018. This new regulatory package is a fundamental change for the EU financial markets: adaptation in markets structures; strengthening of MiFID I requirements in terms of transparency and reporting to limit dark trading and enable consolidated tape across EU; strengthening high standards of investor protection throughout the EU.
The MiFID II regulatory package applies to those financial services businesses undertaking MiFID II business anywhere in the EU as well as those providing services cross-border. This includes investment firms, trading venues, data reporting service providers and third-country firms providing investment services or performing investment activities within the EU.
With the entry into force of MiFID 2 and MiFIR, HPC SA became a MiFID II Investment Firm, operating from Paris and London through its UK Branch. HPC SA has further decided to operate an Organised Trading Facility (OTF) for a number of its non-listed products.
