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European Parliament launches Mifid consultation

Chief rapporteur for the revised markets in financial instruments directive calls for industry feedback in a move that could spark a fresh round of lobbying

The European Parliament has called for industry feedback on the European Union's review of the Market in Financial Instruments Directive, in a development that will open-up the wide-reaching text to a further round of lobbying and further delay the final implementation of the rules.

Markus Ferber, a member of the German centre-right European People's Party, invited industry stakeholders yesterday afternoon to respond to a six-page questionnaire on the Mifid legislative proposal that was published by the European Commission in October.

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