The objective of the MiFID is to enable investors to invest and procure investment service
s across EU borders more easily, to remove obstacles to the use of the EU passport by investment firms, to foster competition and a level playing field between Europe’s trading venues, and to ensure appropriate levels of protection for investors and consumers of investment services
across Europe. The MiFID will play an essential part in building the more integrated, deeper and efficient capital market which Europe needs to lower the cost of capit
...[+++]al, generate growth and boost its international competitiveness.