MiFID II, MiFIR and CSD - the market perspective on regulatory developments

The global regulatory agenda poses interconnected regulatory challenges which will radically alter the way in which the international capital markets operate. In the European Union, the revision of the Markets in Financial Instruments Directive (MiFID II) and its accompanying EU Regulation, MiFIR, will change the relationship of financial institutions with their customers, methods of trading, liquidity provision and costs of doing business - amongst other things.[...]