Definitions for "Investment Services Directive"
Keywords:  european, isd, eea, passportable, union
A European directive that allows certain businesses once authorised in one part of the EEA to undertake investment services in another part of the EEA without the need for re-authorisation. Consequently, authorisation becomes "passportable". Note, however, that not all activities are passportable. See Core and Non-Core and compare the definitions of Instruments/ Investments and Investment Business and Investment Services.
A Directive produced by the European Commission re... Add a comment
A European Union Directive with the objective to harmonise standards of regulation and allow firms established in any EU member state to conduct investment business in any other EU state.