ISLA is pleased to publish Clifford Chance MiFID II analysis for securities lending market participants. This has been produced for ISLA following queries from member firms.
The paper focuses on certain general issues of MiFID II, which have been most commonly raised as queries or concerns by member firms. The paper then goes on to provides certain more specific issues which may or may not impact member firms, depending on their business models.
ISLA would like to thank Clifford Chance and member firms that have engaged in ensuring this document will help member firms in the understanding and application of the Directive.