The European Commission published legislative proposals on October 20, 2011 as part of its review of the existing European Markets in Financial Instruments Directive (MiFID). The draft legislation includes rules on trading platforms, transparency and investor protection.
The overarching objective of the original MiFID framework was to further the integration, competitiveness and efficiency of European financial markets. ISDA supports changes that build on that goal, including the introduction of an effective post-trade transparency regime for OTC derivatives.
On this page you can find materials that set out ISDA’s position on the MiFID review. To listen to recent Member Calls on the directive, login to the Members Portal here.
ISDA is also closely involved in the work of the Joint Associations Committee on Retail Structured Products (JAC), which is following the elements of the MiFID Review that impact on the market for retail structured products. Please see: http://www2.isda.org/asset-classes/structured-products