Correction of the European directive that relaxed investment rules after COVID-19
03 Sep 202692 views
Who is affected:
Investment services firms, fund managers and financial entities in the EU
Summary
A correction is made to the European directive that eased information and governance requirements for investment firms during COVID-19 recovery. It affects financial regulations applicable throughout the EU.
Detailed analysis
PRO
This rectification corrects material errors in Directive (EU) 2021/338, which amended MiFID II (2014/65/UE) to alleviate regulatory burdens on investment firms during post-COVID recovery. The original amendments affected client information obligations, product governance rules and position limits in commodity derivativ…
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CELEX:32021L0338R(02): Rectificatif à la directive (UE) 2021/338 du Parlement européen et du Conseil du 16 février 2021 modifiant la directive 2014/65/UE en ce qui concerne les obligations d’information, la gouvernance des produits et les limites de position, et les directives 2013/36/UE et (UE) 2019/878 en ce qui concerne leur application aux entreprises d’investissement, afin de soutenir la reprise à la suite de la crise liée à la COVID-19 (JO L 68 du 26.2.2021)
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