'Clearly the most comprehensive step to understanding the intended meaning of MiFID and potential repercussions. It should be a must for those operating within MiFID limits and also for those who have access to the European financial markets from overseas.' Antonio Zoido, President and CEO, BME
Introduction; 1. The MiFID revolution; 2. Origins and structure of MiFID; 3. Suitability and appropriateness under MiFID: 'faithful watchdogs' or 'terrible twins'?; 4. Best execution rules under MiFID; 5. Financial market data and MiFID; 6. Guarding against conflicts of interest: where do we stand?; 7. The MiFID approach to inducements: imperfect tools for a worthy policy objective; 8. MiFID's impact on the fund management industry; 9. MiFID and bond market transparency; 10. The MiFID regulatory and supervisory architecture; 11. MiFID and Reg NMS: a test-case for 'substituted compliance'?; Glossary; Annex I: list of services and activities and financial instruments; Bibliography.
