The MiFID II directive came into force on 3 January of this year. It’s a massive piece of legislation that affects every corner of the financial system – from banks and asset managers to brokers and wealth managers.
The new MiFID II directive aims at increasing the transparency and resiliency of financial markets and strengthening investor and customer protection. In this video, Katja Bergquist, responsible for Nordea’s savings and investments business, and Gorm Praefke, COO of Nordea Markets, explain what you need to know about MiFID II and what it means for investors.
- Read more about what MiFID II means for you as a Nordea Markets customer
- No LEI, no trade; what you need to do to get a LEI code
- Here’s an overview of MiFID II regulations
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