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EU Needs 1-Year Delay to MiFID Market Rules, Commission Says

Traders Magazine Online News, November 30, 2015

Rebecca Christie, John Detrixhe and Julia Verlaine

A one-year delay of the European Union financial-market rules known as MiFID II is needed to allow banks and other companies to beef up their IT systems to comply with the law’s intense data-reporting requirements, according to a European Commission document.

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