Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-14-Speech-2-859"
Predicate | Value (sorted: default) |
---|---|
rdf:type | |
dcterms:Date | |
dcterms:Is Part Of | |
dcterms:Language | |
lpv:document identification number |
"en.20101214.32.2-859"2
|
lpv:hasSubsequent | |
lpv:speaker | |
lpv:spokenAs | |
lpv:translated text |
"With the recent implementation of the Markets in Financial Instruments Directive (MiFID), the European financial markets have undergone unprecedented changes, both as a result of the directive and for other reasons linked to the crisis. As a consequence, it has not been possible to achieve the regulatory aims intended by the adoption of the MiFID. The market has adjusted to the use of dark pools for trading large orders in private broker crossings, and to exemptions established in the MiFID for such actions when they are conducted through organised trading venues, called ‘dark transactions’, where transactions were formerly undertaken in regulated markets. For these reasons, it is essential to start applying legislation designed to ensure the effective regulation and transparency of these technological developments, in order to prevent the systemic risks to the overall functioning of the markets from being created again in the future."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples