The Market in Financial Instruments Directive and Markets in Financial Instruments Regulation (“MiFID II”) comes into effect from 3 January 2018. MiFID II replaces the original Markets in Financial Instruments Directive (“MiFID”) which has been in force since 2007. MiFID II introduces a broad range of provisions and designed to offer greater protection for investors and inject more transparency into all asset classes: from equities to fixed income, exchange traded funds and foreign exchange.
MiFID II sets out regulatory requirements on numerous areas including conduct of business and organizational requirements for investment firms, transaction reporting and pre- and post-trade transparency.
MiFID II requires CEB NV to provide certain information and disclosures to its clients. These disclosures and information on certain documents, policies and agreements are set out below. Please note that this information may be updated from time-to-time.