MiFID II

The Markets in Financial Instruments Directive II (MiFID II) is a comprehensive legislative framework implemented by the European Union in January 2018 to regulate financial markets, enhance investor protection, and increase transparency across the EU's trading venues. This directive, alongside the Markets in Financial Instruments Regulation (MiFIR), significantly expanded the scope of its predecessor, MiFID I, by introducing stringent rules on transaction reporting, product governance, and the unbundling of research and execution costs.