MiFID

MiFID stands for Markets in Financial Instruments Directive; or Directive on Markets in Financial Instruments. MiFID has been in force since 1 November 2007. It was drawn up by the European Union with the aim of improving investor protection, increasing competition and harmonising the European financial market. MiFID applies to the EU/EEA Member States and to the financial services providers registered there.

Source: 
SIX Swiss Exchange

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