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The Impacts of Mifid on the Italian Market

December 2009RegulationBanking & Finance

Abstract

The implementation of MiFID in Italy. The implementation of Directive 2004/39/CE by the European Parliament and the Council, dated April 21st 2004, referring to the markets of the financial instruments (from now on, MiFID or Directive) substantially affected the Italian capital markets, regarding important topics such as: (i) Conflict of interest (ii) Best execution and elimination of the concentration obligation, examined in this paper.

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Author

Ferdinando Bruno

Head of Italian Restructuring , UniCredit Bank AG, Milan Branch, (UniCredit Group), Italy

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