The Markets in Financial Instruments Directive (MiFID) is an EU wide directive which, amongst others, is intended to lead to improved standards of service to investors across EU Member States. Investor protection rules are harmonised at a high level so that investors can feel confident in using the services of investment firms in any EU Member State, and benefit from increased protection, increased transparency and increased competition. MiFID came into effect on 1st November 2007.
MiFID recognises that investors have different levels of knowledge, skill and expertise and that the rules covering investor protection (such as best execution, information to clients, order handling, suitability, investment advice, inducements and conflicts of interest) should reflect this.
Our Best Execution and Conflicts of Interest policies have been updated to reflect the new MiFID guidelines. These are available upon request - simply call your Client Services Manager or alternatively our main desk at + 353 1 4384400.
You can also download our Information on Financial Instruments guide which is designed to explain the nature and risks associated with the main investment asset classes offered by KBI Global Investors Dublin Ltd.