"Sight" - Rubens
The main objectives of this Regulation can be summarized in a few lines:
This Directive has been included in the Spanish legislation through Law 47/2007 of 19th December, amending Law 24/1988 of 28th of July, on the Securities Market.
The adaptation of Banca March to this Directive has implied a gret deal of effort from all employees so as to provide customers with those tools enabling them to have the appropriate security level for their investments.
In order to comply with this requirement, Banca March has chosen to grant customers the highest protection level, thus by classifying them as retail banking customers.
For further details on the advantages resulting from the MIFID implementation, you can read our Guide with General Information. Otherwise you can click here for other explanations in English from the EU official web site.
Markets in Financial Instruments Directive