The Impact of MiFID Regulations in Finland

Markets in Financial Instruments Directive

• Aims to integrate the EU's financial markets → increased regulation
• Primary objectives: improving the competitiveness of financial markets & ensuring a ''harmonised, high degree of protection for investors in financial instruments'' (European Commission. 2010)
• MiFID II (2017) - revolution

Why is it important?

Preliminary Literature Review

• MiFID (DIRECTIVE 2004/39/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 21 April 2004) & MiFID II
(DIRECTIVE 2014/65/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU) International Monetary Fund Staff. 2010. Finland: Financial System Stability Assessment Update Päivinen, M. 2008. MiFID ja hyödykejohdannaiset. EVTEK.
• Lannoo, K. and Valiante, D. 2011.MiFID 2.0 Casting New Light on Europe’s Capital Markets. Centre for European Policy Studies (1000)
• MiFID 2.0 Casting New Light on Europe’s Capital Markets. Centre for European Policy Studies (1000)

References