MiFID - Markets in Financial Instruments Directive

MiFID is an EU directive designed to harmonize financial markets within the single European market. Its aim is to improve investor protection, provide greater financial market transparency and ensure the highest level of integrity of financial service providers. The requirements cover a broad scope of topics: conduct of business obligations, organizational requirements, best execution, possible conflicts of interest, conditions governing the operation of regulated markets and trading platforms, systematic internalisation as well as obligations concerning pre-trade and post-trade transparency. MiFID requirements apply to EU/EEA member states and the financial services providers that operate in them.

Vontobel has always been committed to honest, ethical and professional trading. In this sense, the MiFID guidelines in many points formalize current practice and are reflected in Vontobel's core values, principles and aims.

Implementation of MiFID will take place in accordance with of the national legislation of the individual EU/EEA member states. Clicking on the links below will take you directly to the information about implementation of the guidelines by Vontobel which is relevant for your specific location.