Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-06-07-Speech-2-346-000"
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"en.20160607.28.2-346-000"2
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"I supported this vote to provide harmonised regulation for investment services across the EU. The directive's main objectives are to increase competition and consumer protection in investment services. In April 2014, the European Parliament approved both MiFID II, an updated version of the original MiFID law, and MiFID II's accompanying regulation, MiFIR. Both MiFID II and MiFIR and must generally apply within Member States by 3 January 2017. However, in February 2016 the European Commission formally proposed delayed the implementation date by a year. The new deadline is January 2018. The extension allows for the building of complex IT systems to enable enforcement of the new package."@en1
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