The European Parliament and Council adopted the Directive 2004/39/EU, dated 21 April 2004, on Markets in Financial Instruments (the MiFID), which has come into effect as from 1/11/2007 and deems to regulate the markets of financial instruments for provision of investment services and activities within the European Economic Area (EEA). The Directive has also been adopted in Cyprus (N144(I)/2007).

In line with MiFID requirements and the legal framework in Cyprus, Laiki Group, i.e. Marfin Popular Bank Public Co Ltd and its subsidiaries, has adopted appropriate policies and procedures outlined in the following documents: