CASE COMMENT: REGULATORY - STOCK EXCHANGES LIBÉRALISATION - FINANCIAL INSTRUMENTS MARKET

Financial instruments market: France moves towards the implementation of EC Directive on financial instruments market

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealin EU Member States must transpose Directive 2004/39/EC of 21 April 2004 on markets in financial instruments, known as MiFID, by January 2007 (OJEU No. L. 145 of 30 April 2004, p. 1). Under cover of technical measures in the field of market finance, the Directive completes the liberalisation of stock exchanges. We know that the legal monopoly granted to the Paris stock exchange has been a de facto monopoly

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Philippe Redaelli, Financial instruments market: France moves towards the implementation of EC Directive on financial instruments market , 21 April 2004, Concurrences N° 4-2006, Art. N° 12531, p. 140

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