Much to the dismay of companies across the oil, power, gas, and agriculture sectors, the EU's new Markets in Financial Instruments legislation (MiFID II) is a policy that could add billions to the cost of trading commodities. Siobhan Hall, Henry Edwardes-Evans and Robert Perkins analyse the point and purpose of the new rules; are energy companies simply being punished for the previous bad behaviour of the banking sector, or is this legislation an essential step to avoid another financial crash such as the world witnessed in 2008?
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