Greater protection for those who have savings in financial instruments
The EU regulation MiFID2 will introduce changes to legislation and regulations that will enhance the protection for both private individuals and companies who invest their savings on the financial markets.
MiFID2 will mean changes to the Swedish investment legislation and new regulations from the Swedish Financial Supervisory Authority which will further enhance client protection. Among other things, this means that the bank’s advisers will be particularly careful to ensure that you understand the level of risk of the investments you are interested in making. MiFID2 also means that companies that trade in securities or other financial instruments will need an LEI (Legal Entity Identifier) in order to continue this kind of trading.
The new directive came into force on 3 January 2018.