Like for like and MiFID II: Difference between pages

Revision as of 08:20, 4 April 2017

European Union

MiFID II is an updated Markets in Financial Instruments Directive (2014/65/EU).

Sometimes written 'MiFID 2'.

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-(LFL).
+''European Union''
-'Like for like' is a basis of comparison - usually of revenues - which seeks to exclude the effects of growth by acquisition or of any disposals.
+MiFID II is an updated Markets in Financial Instruments Directive (2014/65/EU).
-The like for like comparison only takes account of activities which were in existence during both of the periods being compared.
+Sometimes written 'MiFID 2'.
-Like for like comparisons should be treated with care, as the selection and presentation of relevant activities for comparison may involve a degree of subjectivity on the part of the management whose performance is being reported on.
-Management may - consciously or unconsciously - be influenced to present figures in ways that reflect well on its own performance.
+==See also==
+* [[Regulated market]]
+* [[Multilateral trading facility]]
+* [[Systematic internaliser]]
+* [[MiFID]]
+* [[EMIR]]
-== See also ==
+===Other links===
-* [[Profit]]
+[http://www.treasurers.org/node/10350: ACT responds to ESMA on MiFID implementation]
-* [[Revenue]]
-* [[Sales]]
-* [[Turnover]]
-* [[Underlying]]
-[[Category:Accounting,_tax_and_regulation]]
+[[Category:Compliance_and_audit]]