European Commission 20 October 2011, COMMISSION STAFF WORKING PAPER EXECUTIVE SUMMARY OF THE IMPACT ASSESSMENT

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European Union · · · 20-10-2011

52011SC1227 COMMISSION STAFF WORKING PAPER EXECUTIVE SUMMARY OF THE IMPACT ASSESSMENT /* SEC/2011/1227 final */ 1. PROBLEM DEFINITION The Markets in Financial Instruments Directive (MiFID) establishes a regulatory framework for the provision of investment services in financial instruments (such as brokerage, advice, dealing, portfolio management, underwriting etc.

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