European Commission confirms roll back of MiFID II rules in recovery package
By Hayley McDowell
July 28, 2020, The Trade
The European Commission has confirmed that it will remove certain requirements under MiFID II as part of a package aimed at advancing Europe’s recovery from the COVID-19 pandemic.
Unbundling research requirements are at the heart of the move to scale back the rules, with other changes including a suspension of best execution reporting requirements.