FCA Handbook - The MiFID 2 Onshoring Guide

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This is the FCA Handbook - The MiFID 2 Onshoring Guide updated on 11 November 2025.This guide sets out an overview of the FCA’s approach to transposition of the recast Markets in Financial Instruments Directive 2 (MiFID 2) in the MAR and REC sourcebooks, by explaining how they fit within the context of the overall implementation of the legislation at a UK and EU level.