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MEPS back second set of amendments to ISD

MEPs are backing a package of compromise amendments in the second reading of the new Investment Services Directive. After the Council of Ministers opted for highly controversial amendments to the directive.
MEP Conservative spokesperson in the European Parliament Theresa Villiers says: “The compromise provides the pre-trade transparency requirement that the continental markets want, without imposing such onerous and high risk obligations on investment firms that it would damage competition and liquidity. We have also sought to relieve any remaining threat to execution-only business.”

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