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MiFID

Markets in Financial Instruments Directive

The European Directive on markets in financial instruments came into effect in Italy on 1 November 2007 with the adoption of Directive n. 2004/39/CE, i.e. MiFID and successively amended by Directive n. 2014/65/UE, i.e. MiFID II which came into effect on 3 January 2018. Among the main objectives of this Directive, it is worth highlighting the following three:

  • to create a uniform set of regulations for financial intermediation throughout the Member Countries of the European Union;
  • to improve guarantee and protection of investors in their relationship with financial intermediaries;
  • make transactions carried out by financial intermediaries on behalf of clients more transparent, also in terms of costs. 

Deutsche Bank SpA has prepared an information kit available to all its clients.
MiFID information kit (in Italian) (PDF/980 KB). 

Read the "Deutsche Bank SpA Group Policy on conflicts of interests".
Deutsche Bank SpA Group Policy on conflicts of interests (in Italian) (PDF/92 KB).

Note
Deutsche Bank S.p.A. has completed the annual review of its Strategy Execution MiFID, included in the MiFID information kit. The document is available on this website and at all branches.

Post Trading Transparency Primary Publication Channel

List of the transactions executed by Deutsche Bank S.p.A. out of:

- a regulated market
- a multilateral trade facility
- a systematic internalizer

which are related to shares listed on the UE markets and financial instruments admitted to the negotiation in the Italian regulated markets.
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Last Update: February 23, 2018
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