Central Bank of Ireland slams ‘poor’ investment firm practices

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The Central Bank of Ireland on July 10 criticised a number of investment and stockbroking companies that failed to meet best execution practices required by the European Union's Markets in Financial Instruments Directive (Mifid).

The Mifid rules on best execution practices specify that investment firms must "take all reasonable steps to obtain the best possible result for their clients taking into account price, costs, speed, likelihood of execution and settlement, size, nature or any other

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