The European Commission has tabled proposals to revise the Markets in Financial Instruments Directive (MiFID). These proposals consist of a Directive and a Regulation and aim to make financial markets more efficient and transparent, in particular by improving the oversight of less regulated markets and by addressing the issue of excessive price volatility in commodity derivatives markets. The Commission has also proposed a Regulation on market abuse and a Directive to ensure effective sanctions at European level for insider dealing and market manipulation.

Press conference (video)

MiFID revision:

• Press release
• Frequently Asked Questions
• Frequently Asked Questions on Emission Allowances
• Glossary 
• Proposal for a Directive  (provisional version. The final text will be available soon)
• Proposal for a Regulation  (provisional version. The final text will be available soon)
• Impact assessment: 
  
  • Summary of impact assessment  (provisional version. The final text will be available soon)
  • Full text  (provisional version. The final text will be available soon)

Insider dealing and market manipulation:

• Press release #1
• Press release #2
• Frequently Asked Questions
• Frequently Asked Questions on Emission Allowances
• Glossary 
• Proposal for a Regulation  (provisional version. The final text will be available soon)
• Proposal for a Directive  (provisional version. The final text will be available soon)
• Impact assessment: 
  
  • Summary of impact assessment  (provisional version. The final text will be available soon)
  • Full text  (provisional version. The final text will be available soon)