01789cas a2200241 a 4500 AALejournalIMF009643 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451868135 1018-5941 BD-DhAAL BD-DhAAL Haas, Francois. The Markets in Financial Instruments Directive : Banking on Market and Supervisory Efficiency / Francois Haas. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Markets in Financial Instruments Directive (MiFID) which comes to life on November 1, 2007, represents a major step toward the creation of a single, more competitive, cross-border securities market in Europe. Together with other components of the European Commission's Financial Services Action Plan, MiFID has the potential to significantly transform the provision of financial services and the functioning of capital markets in Europe. This paper assesses the directive and the dynamics it creates from a broad perspective, focusing on those aspects that carry relatively higher transformation potential, and on the appropriate supervisory arrangements for European securities markets once MiFID is operational. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/250 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/250/001.2007.issue-250-en.xml IMF e-Library