MiFID II

Also: Markets in Financial Instruments Directive II

MiFID II (Markets in Financial Instruments Directive II) is the EU directive in force since 2018 that regulates the European securities market. It requires financial-services providers to deliver greater transparency around costs, risks, and conflicts of interest, and mandates a comprehensive suitability assessment before any investment-advice recommendation. MiFID II shapes how investment advice must be structured legally across Europe.