Navigation path

Login   |   Register
 

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Extracts from the press conference by Michel Barnier on new rules for securities markets by amending the 2004 Markets in Financial Instruments Directive

116 views

On 20 October 2011, Michel Barnier, Member of the EC in charge of Internal Market and Services, presented the EC proposals on securities markets and insider dealing. In recent years, financial markets have changed enormously. New trading venues and products have come onto the scene and technological developments such as high frequency trading have altered the landscape. Drawing lessons from the 2008 financial crisis, the G20 agreed at the 2009 Pittsburgh summit on the need to improve the transparency and oversight of less regulated markets – including derivatives markets - and to address the issue of excessive price volatility in commodity derivatives markets. In response to this, the European Commission has today tabled proposals to revise the Markets in Financial Instruments Directive (MIFID). These proposals consist of a Directive and a Regulation and aim to make financial markets more efficient, resilient and transparent, and to strengthen the protection of investors.
PHOTO SHOTLIST LINK LINK INFO PRESS INFO PRESS INFO PRESS MEMO MEMO

Type: EbS   Reference: 80517   Date: 20/10/2011   Duration: 00:02:00
To download, please log in



Related media

Press conference by Michel Barnier, Member of the EC, on measures on securities ...
Ref: P-019711/00-02
Date: 20/10/2011
Extracts from the press conference by Michel Barnier on new rules for securities ...
Ref: 80517
Date: 20/10/2011
Press conference by Michel Barnier on new rules for securities markets by ...
Ref: 80516
Date: 20/10/2011

New Video Player (Version 1)
More info

Press packs


Go to useful links page Useful links

Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2014