It has been reported in several places that MEPs in the European Parliament have agreed not to block a MiFID delay. This article on FT Adviser indicates MEPs agreement, and suggests that the entire implementation will be delayed for a year. This article on The Trade News also suggests a full delay.

This article in Investment Week adds a quote from Jonathan Herbst of Norton Rose Fulbright, reinforcing the need to use the delay to properly implement MiFID II, especially given the complexity of compliance.

The European Commission will officially announce a delay once parliament’s decision is formally conveyed.