EVCA’s response to the Commission’s MiFID Review consultation focuses on:
- checking the review does not make any changes which could at a later stage be disadvantageous for the private equity or venture capital fund manager industry;
- wanting clarification of MiFID’s scope, particularly in the context of private equity and venture capital activity; and
- the possible need for a tailored and proportionate approach to MiFID for different sorts of business.
(Source: EVCA’s response to the European Commission Consultation on the review of the Markets in Financial Instruments Directive (MiFID))