The final text of the MIFID II “Quick Fix” set of changes as adopted by the European Parliament recently has been published in the Official Journal of the European Union. The final version can be found here. The document includes some major changes to the application of the Ancillary Activity Exemption and Position Limits (see here). The European Commission are to publish details of the Ancillary Activity Exemption changes by 31 July. The changes are to apply from 28 February 2022.
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Source: CTRM Center