CESR Publishes A Retail Investor Guide On MiFID, Providing Information To Increase The Confidence Of Retail Investors In Europe

The Committee of European Securities Regulators (CESR) today publishes a guide for retail investors on the new European Directive for Financial Markets, the Markets in Financial Instruments Directive (MiFID). The purpose of the guide is to explain, in clear and straightforward language, the new protections retail consumers will experience in buying financial services, following the introduction of this legislation across Europe. As a next step, this guide is expected to be translated into many languages by CESR’s Members, the national securities regulators. This is the first time CESR has developed a guide destined for consumers and it reflects CESR’s strong commitment to increase confidence amongst retail investors.

This Guide is accompanied by a press release.

This guide will become available in a number of European languages, and CESR will publish these as they are completed. Today, CESR publishes the Hungarian translationwhich has been prepared by the Hungarian Financial Services Authority.