MiFID II is a regulatory framework in the EU designed to increase transparency and protect investors in financial markets by imposing stricter rules on trading and reporting.
Financial firms must comply with enhanced reporting requirements, provide clearer fee structures, and ensure fair treatment of clients, which increases operational costs but improves market integrity.
MiFID II focuses on investor protection and market transparency, while MiFIR (Markets in Financial Instruments Regulation) provides the legal framework for implementing these rules across EU member states.
