PragueConnect.cz - Business News in English

Business News from Czech Republic by PragueConnect.cz and several sources, collected all on one platform! Want to have your business news listed with us?  Contact us

Press: Czech banks could lose hundreds of millions due to MiFID II

Czech banks may see profits drop by hundreds of millions of crowns due to the Markets in Financial Instruments Directive (MiFID II), which forces lenders to reveal how much they bill customers for exchange rate hedging operations, a source told the daily E15. Part of Europe’s biggest regulatory overhaul…
 
 
 
 

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