MiFID 2.5 (or 3) – What you need to know during 2020
Partner - Brussels
Dr Alexander Behrens
Frankfurt am Main
Salvador Ruiz Bachs
17 April 2020
As required by the existing framework, the MiFID II review has begun but what is not clear at this stage is whether it will be a complete re-write or simply MiFID 2.5.
Whilst Covid-19 has impacted the timing of a number of consultations, including the European Commissions’ long awaited public consultation, ESMA is still submitting final reports and the industry continues to consider and input on how best to move forward with revising the existing framework.
This publication is intended to provide an overview of all the different work-streams and highlight the areas likely to garner most short term attention especially in light of the outcome of the German Ministry of Finance consultation last year.