Welcome to Omega’s Finance Blog

Your source for a better financial knowledge.

The deadline for MiFID II has been extended

The European Commission finally announced the long-awaited delay in the implementation of Markets in Financial Instruments Directive (MiFID II) last Wednesday. Investment firms, market operators and data reporting services providers will have an additional year to comply with the Directive and the Regulation. The reason for the extension lies in the complex technical infrastructure that
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What is Basel II?

Basel II was initially published in June 2004. Its intention was to revise the Basel I standards governing the capital adequacy of banks. Banks need to hold capital to guard against the financial and operational risks they face.
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