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MiFID II frame

MiFID II

MiFID II will have a significant impact on financial institutions providing services in the EU. Hogan Lovells has created this site to help firms understand what will change under MiFID II, and how those changes may affect their business.

Third country access

MiFID II may permit greater access to the EU for firms from outside Europe

Third country access

Third country firms may be able to provide investment products and services into the EU if the European Commission recognises their home state as having equivalent legal and supervisory arrangements to the EU.

MiFID II also allows for a third country branch passport. This means that, in certain circumstances, if a firm from outside Europe establishes a branch in an EU member state, it can then operate throughout the EU.

Member states have discretion over whether or not they will implement these provisions.

MiFID II also sets out rules on access for trading venues and central counterparties ("CCPs").

Please click the link below to view our briefing note on this topic.

  • About MiFID II
  • Algorithmic and high-frequency trading
  • Commodity derivatives
  • Data reporting services
  • Derivatives
  • Investor protection
  • Transaction reporting
  • Market infrastructure, trading venues and CCPs
  • Member state implementation
  • MiFID II texts
  • Pre- and post-trade transparency
  • Third country access

    Third country access

    MiFID II may permit greater access to the EU for firms from outside Europe

    Third country access

    Third country firms may be able to provide investment products and services into the EU if the European Commission recognises their home state as having equivalent legal and supervisory arrangements to the EU.

    MiFID II also allows for a third country branch passport. This means that, in certain circumstances, if a firm from outside Europe establishes a branch in an EU member state, it can then operate throughout the EU.

    Member states have discretion over whether or not they will implement these provisions.

    MiFID II also sets out rules on access for trading venues and central counterparties ("CCPs").

    Please click the link below to view our briefing note on this topic.

Contacts

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