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From MiFID I to MiFID II, what are the main changes?

to other texts (e.g. CRD IV or CSSF circular 12/552). • Introduction of the new concept of “management body”: governing body of an ... • In coordination with ESMA, national regulators (i.e. CSSF in Luxembourg) will have powers to permanently ban financial products, activities or practices. • Administrative sanctions, fines and ...

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