Embracing MiFID II: Liechtenstein Bankers Association Discusses Preparedness and the Implications of the Revised Legislation

The updated Markets in Financial Instruments Directive (MiFID II) is poised to radically impact the regulatory space in 2018. MiFID II aims to facilitate greater market oversight, transparency, and reporting requirements and impacts all firms providing services to clients linked to ‘financial instruments’ (including units in collective investment schemes, bonds, shares and derivatives) and the locations where those instruments are traded. IFC spoke with Simon Tribelhorn, CEO of the Liechtenstein Bankers Association  to obtain his view on the advantages and challenges of the revised legislation.

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