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Assessing the markets in financial instruments directive and its legal impact on the French capital markets

Makhlouf, Amel

Authors

Amel Makhlouf



Abstract

The Markets in Financial Instruments Directive (MiFID) Note 5 replaces the Investment Services Directive (ISD)Note 6 which sought to develop a European framework for investment services. But despite important developments in the early 1990s, the ISD did not achieve its full potential.MiFID must consequently achieve many objectives for the creation of a true pan-European capital market, focusing on the improvement of competition depending on the abolition of the concentration rule (part I), as well as the enhancement of investors protection to improve the position of the client (part II). Regarding these changes, it is important to analyse the legal impact ofMiFID on the French capital markets which was based on the monopole of the Exchange, abrogated the 20 of February 2007.

Citation

Makhlouf, A. (2009). Assessing the markets in financial instruments directive and its legal impact on the French capital markets. Revue droit & affaires, 1-13

Journal Article Type Article
Acceptance Date Sep 1, 2009
Publication Date Dec 1, 2009
Deposit Date Jun 5, 2020
Publicly Available Date Dec 2, 2109
Journal Revue droit et affaires
Print ISSN 2111-8833
Electronic ISSN 2824-3803
Peer Reviewed Peer Reviewed
Issue 7
Pages 1-13
Keywords Markets in financial instruments directive

Files

This file is under embargo until Dec 2, 2109 due to copyright reasons.

Contact outputs@soas.ac.uk to request a copy for personal use.





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