MiFID - Markets in Financial Instruments Directive

Latviski

По русски

The 1st of November 2007, a common framework for services related to financial instruments is introduced in Latvia and across the EU. The basis is an EU-directive, the Markets in Financial Instruments Directive (MiFID), which, among other things, will simplify trading in financial instruments and related services across borders. Its purpose is to increase the competitiveness of Europe - and also to strengthen and harmonise investor protection for clients all over Europe.

The new rules emphasis the client's right to fair order handling - that the client's best interests are always in focus - regardless of the size of its transactions. This is nothing new to us, it is and has been a part of SEB's order handling routines since before. For SEB clients, the new rules will only bring about minor changes. We may, among other things, have to ask you a few questions regarding your experience in trading with financial instruments and whether you are aware of the risks associated with the financial instrument you wish to invest in.