The new MiFID rules will work in favour of employee representation on company boards, and will ensure anonymity for whistle-blowers. That was the result of the October 26 ECON committee vote in the European Parliament, where several NFU proposals where passed.

The committee supported not just the above but also other NFU proposals: competence requirements and employees’ right to competence development, and that sales targets must not be excessive and work against the customers’ interests. The next step in the decision making process is the European Parliament plenary, due in late October. Read more about MiFID and the decision making process here