On April 7, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) voted to adopt the European Commission’s legislative proposals to delay the application date of the amended and restated Markets in Financial Instruments Directive (MiFID II) and Markets in Financial Instruments Regulation (MiFIR), from January 3, 2017 to January 3, 2018.

A copy of a press release published by ECON Vice-Chair Markus Ferber, in which this one-year delay is referenced as a “quick fix,” can be found here.