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MiFID II General Approaches Published

On 19 June 2013, the Presidency of the Council of the EU published a note confirming that, at a meeting of the Permanent Representatives Committee (COREPER) on 17 June 2013, agreement has been reached with respect to two proposed general approach documents, one for the MiFID II Directive and the other for MiFIR.

The Council are invited to confirm the agreement at the meeting of the European Economic and Financial Affairs Council (ECOFIN) on 21 June 2013.  In addition, the EU Presidency is invited to start negotiations with the EU Parliament on the basis of the general approaches with a view to reaching an agreement at first reading.

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