Euroclear highlights MiFID 2 difficulties: Euroclear has highlighted several aspects of implementation of the Markets in Financial Instruments Directive and Regulation (the MiFID 2 package) that it says will be challenging. It notes in particular the traditional attitude of some jurisdictions, such as Germany, in opposing open access to clearing, which will have to change. It also points out certain inconsistencies between MiFID and other key EU legislation which analysts claim lead at best to conflict and at worst to incompatibility. (Source: Euroclear Highlights MiFID 2 Difficulties)