Brexit 30-10-2007

Lannoo: late MiFID implementation ‘short-sighted’

Banks and broker dealers will suffer from a competitive disadvantage in member states that are lagging behind on MiFID implementation and now face major court cases, says Karel Lannoo in an interview with EURACTIV. The researcher thinks that the new legislation is a 'major step forward for greater investor confidence'. Karel Lannoo is Chief Executive Officer at the Centre for European Policy Studies (CEPS) and an expert on banking, financial markets and financial market regulation.