The European Commission has confirmed the delay of the much anticipated consultation on MiFID II as result of the disruption caused by the coronavirus pandemic. The EU's Markets in Financial Instruments Directive II (MiFID II) securities rules, introduced just over two years ago, sought to increase transparency in fixed income trading nearer to levels in shares. The bloc's securities regulator, the European Securities and Markets Authority (ESMA), had launched the consultation on the grounds that the overall levels of transparency remained limited due to so many financial instrument...
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