Corona means quick fix of investor protection regulation will suffice

An evaluation of the EU directive MiFID II seems to have led to limited changes within investor protection. Finans Danmark is satisfied with the first reported changes, but wanted a larger effort to stop increasing market data prices.

There are a lot of signs that the revision of the rules for securities trading, which the EU Commission started earlier this year, will only amount to a few changes, or quick fixes, and a more extensive review has been delayed to next year. The only area that will experience immediate change is the investor protection department.

As in many other sectors, the spanner in the works is the coronavirus. The EU Commission is dropping everything else to focus on the reestablishment of the economy, and according to information obtained by FinansWatch, are happy to limit themselves to quick fixes of the most significant problems of the MiFID II directive, which came into force in 2018.

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