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Europe’s Mifid markets rules set for year’s delay 

November 25, 2015

Philip Stafford, Financial Times

Europe’s flagship markets legislation is set to be delayed in full by a year after parliamentarians softened their opposition to postponing implementation of the overhaul of European trading.

In a private meeting, members of parliament overseeing the so-called Mifid II legislation have agreed not to block requests from policymakers and regulators to push back the introduction of the rules from January 2017.

In a private meeting, members of parliament overseeing the so-called Mifid II legislation have agreed not to block requests from policymakers and regulators to push back the introduction of the rules from January 2017.
 
A consensus has emerged that it would not be practical to split and delay only parts of the rules, according to two people familiar with the talks. Read more
 
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