By Tamasin Little, Karen Butler and Charlotte Collins King & Wood Mallesons’ London office
At present, there is no harmonised third country regime under MiFID. Member States have discretion as to whether and how they allow third country firms (that is, non-EU firms) to access the EU market. MiFID II aims to create a more harmonised approach, by introducing two new options for third country firms. Which option is most relevant for a firm depends on the firm’s client base.
Read full article, please click here.