Date: August 1, 2014
Issue: Consultation Paper
To: European Securities and Markets Authority
Filing Type: International
Description: The U.S. Chamber of Commerce (“the Chamber”), the world’s largest business federation, represents the interests of more than three million businesses and organizations of every size, sector, and region. The Chamber has recently established its Global Risk and Governance Initiative (“GRGI”) to promote modern and appropriate international structures for capital formation, risk management, and corporate governance needed by businesses to fully function in a 21st century global economy. The Chamber appreciates the opportunity to comment on the Consultation Paper and related Discussion Paper on the Markets in Financial Instruments Directive II (MiFID II) and the Markets in Financial Instruments Regulation (MiFIR) (also known as the “Consultation Paper”).