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Review of the regulatory framework for investment firms and market operators (MiFID 2.1)

Banking and financial services

All companies, both small and large, need access to the capital markets. This entails that the regulatory regime for financial markets and financial services is fit for the new digital area and ensures that wholesale markets work optimal to the benefit of retail clients. Its review aims to ensure that European Union’s stock and bond markets work for the people. Measures envisaged include the creation of a consolidated tape, enabling commodity markets and tackling information requirements.

Links

Public consultation

ID: 12167

Lobbying Activity

10 responses

Consultation response

Deutsche Börse AG, 16 Mar 2020

Deutsche Börse Group (DBG) appreciates the opportunity to give feedback on the roadmap regarding the review of the MiFID II/MiFIR framework. We share the European Commission’s view that the targeted MIFID II/MiFIR review is urgently needed to improve the functioning and transparency of EU financial…

Consultation response

Finance Denmark, 22 Mar 2022

To European Commission Please see attached file. Kind Regards Helle Søby Thygesen

Consultation response

Federation of European Securities Exchanges, 21 Mar 2022

FESE very much welcomes the removal of the open-access provisions for exchange-traded derivatives, the prohibition of payment for order flow, and the removal of the exception to the exemption from authorization as investment firm for DEA users, which together will make markets stronger. However,…

European Savings Banks urge EU to cut investment information requirements

European Savings and Retail Banking Group, 16 Mar 2020

ESBG calls for exemptions from cost disclosures for professional clients and an option to waive phone recordings. They also demand the preservation of commission-based advice to ensure investment access for lower-income groups.
Reducing these requirements would lower their operational costs and help recover lost telephone business.
Retail clients lose the security of recorded evidence and detailed cost information for transparency.

Consultation response

International Capital Market Association, 22 Mar 2022

ICMA is pleased to provide its feedback to the European Commission regarding its proposed MiFIR amendments, published 25 November 2021. See attached file for full details. Many thanks, Elizabeth B Callaghan ICMA

Consultation response

Stichting European Federation of Energy Traders (We operate under the name Energy Traders Europe), 15 Mar 2020

The European Federation of Energy Traders (EFET) welcomes the opportunity to provide feedback on the roadmap to the review of the regulatory framework for investment firms and market operators (Review of the MiFID II/MiFIR framework). We appreciate the European Commission (EC) review of the…

Consultation response

Związek Banków Polskich, 22 Mar 2022

Związek Banków Polskich dziękuje za możliwość przedstawienia opinii w sprawie zmian w MIFID II. W załączniku przekazujemy stanowisko Związku Banków Polskich.

Consultation response

Die Deutsche Kreditwirtschaft, 21 Feb 2022

I. Deletion of Art. 27 (3) MiFID II The German Banking Industry Committee (GBIC) welcomes the European Commission (EC) legislative proposal dated 25th November 2021 to delete Article 27 (3) MiFID II (RTS 27 reporting). GBIC shares the view of the EC that the RTS 27 reporting provides almost no…

Consultation response

Nordic Securities Association, 22 Mar 2022

To European Commission Please see the attached position paper from NSA. Kind Regards Sara Mitelman Lindholm and Helle Søby Thygesen

Consultation response

European Venues and Intermediaries Association, 4 Mar 2022

04 March 2022. The members of the European Venues & Intermediaries Association were pleased that the Commission was able to release its MiFID II Review proposals at the end of last year. Having taken the opportunity to review and consider them, EVIA is supportive of several elements which will…