On the Official Gazette no. 198 of 25 August 2017, has been published the Legislative Decree no. 129 of 3 August 2017, implementing European Directive 2014/65/EU adopted by the European Parliament and Council on 15 May 2014 concerning financial instruments markets (so-called MiFID II). Mifid II Directive amends the Directive 2002/92/EC and the Directive 2011/61/EU, already amended by the Directive 2016/1034/EU adopted by the European Parliament and Council on 23 June 2016, and aligning local regulations with the provisions of the European Regulation no. 648/2012 (so-called MiFIR), as amended by dal the European Regulation 2016/1033 adopted by the European Parliament and Council on 23 June 2016.