LEBA Execution Policy under MiFID

In preparation for the implementation of MiFID on 1 November 2007, the London Energy Brokers’ Association (click here for full list of members) have developed guidance for member firms when considering execution policy under MiFID. These documents are based upon proposals produced by the Wholesale Markets Brokers’ Association (WMBA), LEBA’s sister association, whose Compliance Working Group have developed guidelines following consultation with the European Commission, Her Majesty’s Treasury, the Financial Services Authority, internal and external legal counsel.

Kindly note that any subsequent amendments to the LEBA recommended Execution Policy will be notified via this website. Should you require any further information please do not hesitate to contact LEBA on 020 7200 7292 or contact Stewart Lloyd-Jones on slloyd-jones@leba.org.uk.

Click on the links below:

www.leba.org.uk/execution_policy/execution_policy.doc

www.leba.org.uk/execution_policy/annex_1.doc

www.leba.org.uk/execution_policy/annex_2.doc

www.leba.org.uk/execution_policy/role_of_name_passing_broker.doc