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ISDA Commentary On EU Presidency Compromise Texts Of June 20 On MiFID2/MiFIR

Date 10/07/2012

ISDA  welcomes  publication  by the  Danish  Presidency  of a first  complete  Compromise  Text  onMiFID2/MIFIR,  dated 20 June 2012.   It remains our view that legislative  reform should support liquidity  in  the  interests  of  systemic  resilience;  should  protect  the  funding  requirements  ofcorporates and sovereigns; and should advance the principle of strong risk management.

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