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Purpose
To introduce the Market in Financial Instruments Directive (MiFID).
Design/methodology/approach
Provides a brief overview of the MiFID, how it widens the scope of business permitted under the “passport” regime, the types of financial institutions it covers, and the time frame for implementation.
Findings
The biggest challenge facing regulated firms is the limited time they will have to comply with MiFID's requirements.
Originality/value
Discusses the scope and importance of MiFID.
© Emerald Group Publishing Limited
2005
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