82,891
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 3: | Line 3: | ||
==MiFID== | ==MiFID== | ||
A whole world of [[tedium]] under [[MiFID II]]. Defined as follows — | A whole world of [[tedium]] under [[MiFID II]]. Defined as follows — | ||
{{ | {{quote|{{financial instruments}}}} | ||
===Points to note=== | |||
The definitions aren’t “disjunctive”. something that is a [[transferable security]] can also be a [[money market instrument]], a [[collective investment scheme]] or, in deed, a [[derivative]]. In my oipinion. | |||
===what ''isn’t'' a {{t|MiFID}} financial instrument=== | ===what ''isn’t'' a {{t|MiFID}} financial instrument=== | ||
A good place to look (if your interest level counts as “fiendish”) is the snappily titled ''Commission Delegated Regulation {{eureg|2017|565|EU}} of 25 April 2016 supplementing Directive {{eudirective|2014|65|EU}} of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive''. | A good place to look (if your interest level counts as “fiendish”) is the snappily titled ''Commission Delegated Regulation {{eureg|2017|565|EU}} of 25 April 2016 supplementing Directive {{eudirective|2014|65|EU}} of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive''. |