What is a certificate of conformity?
The certificate of conformity is an official document by which the competent companies or government authorities confirm the safety of products and their compliance with the standards set by the technical regulations and EU norms. This definition is common to all certification documents.
Obtaining a certificate of conformity is possible if certain criteria are met by the norms and standards put forward by the EU.
MiFID (The Markets in Financial Instruments Directive) is a special EU directive developed by the FSA to control financial transactions. This directive is part of a specific EU plan, which provides for the creation of a single European market for financial instruments. The MiFID directive came into force in November 2007, replacing the previously functioning ISD directive, which was developed to control investment transactions.
The priority mission of the creators of the directive is the protection of investor activity, cleanliness of trade, efficiency and healthy competition in European financial markets. Thanks to the introduction of the directive, all conditions were created for the provision of operational reporting on any major investor transactions. Today, MiFID defines the legal basis for the full protection of the rights of investors. MiFID is a real piece of legislation designed to regulate exchange transactions. The requirements of the document are mandatory for implementation in the EU countries.