About MiFID

MiFID is an EU directive titled the Markets in Financial Instruments Directive. 

Central Bank of Ireland is responsible for:

  • The prudential regulation and supervision of MiFID investment firms authorised in Ireland

  • The regulation and supervision of the conduct of business of MiFID firms authorised in Ireland

  • The regulation and supervision of those provisions of MiFID II relevant to the financial services market in Ireland.



MiFID Useful Links

Requirements

View the key requirements for investment firms.

Passporting

Learn about passporting and how financial products and services move freely across Ireland and the EEA.

Authorisation & Post-Authorisation

Find out how to apply for, change, or withdraw authorisation as a MiFID investment firm.

Legislation & Regulations

Understand the key legislation relevant to the regulation of MiFID investment firms.

Publications

MiFID publications from the Central Bank.

Forms

Find forms relevant to MiFID investment firms.

Contact MiFID

Contact details for general queries, queries on authorisation, transaction reporting, the industry funding levy and administrative sanctions.

Background to MiFID

The original Markets in Financial Instruments Directive (MiFID I) was introduced on 1 November 2007 to set out European Union (EU) regulation in respect of securities and financial markets. On 3 January 2018 it was replaced by a revised package of rules, collectively known as MiFID II.

MiFID II governs the provision of investment services in financial instruments. It applies to investment firms, wealth managers, broker dealers, product manufacturers and credit institutions authorised to carry out MiFID activities. It also impacts on trading venues, market operators, alternative investment fund managers, investment intermediaries, data reporting services providers as well as third-country firms providing investment services in the EU.