Dáil debates
Thursday, 3 May 2018
Markets in Financial Instruments Bill 2018: Second Stage
1:10 pm
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
I move: "That the Bill be read a Second Time."
The Markets in Financial Instruments Directive II, known as MiFID II, is the cornerstone of European Union financial markets legislation, covering the regulation of investment services providers.
It is changing how European markets operate for the better as we go forward, ensuring safer more transparent markets across the Union. MiFID II represents a major piece of financial markets reform and is ambitious in its scope. It seeks to make financial markets more efficient, resilient and transparent in a number of ways. It introduces rules to keep pace with technical developments such as algorithmic-----
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