The Investment Services Directive (ISD), an EU directive established in 1993, provided a regulatory framework for securities dealing across Europe. It ensured that securities firms approved by their domestic regulators could operate at a European level. The ISD was superseded by the Markets in Financial Instruments Directive (MiFID) in 2007, enhancing the single market for financial services.
The Investment Services Directive (ISD) was an essential regulatory framework in the European Union (EU) that laid the groundwork for the Markets in Financial Instruments Directive (MiFID), fostering a harmonized approach to investment services.
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