MiFID II / MiFIR vs IEC 62443

What is the difference between MiFID II / MiFIR and IEC 62443?

MiFID II / MiFIR is a other framework applying in the European Union, with 8 controls across 8 domains. IEC 62443 is a other framework applying in International, with 303 controls across 6 domains. Both govern the same subject, so their requirements overlap; the mapping below shows which controls carry across and which are asked for by only one of them.

MiFID II / MiFIR8 controls

IEC 62443303 controls

Questions people ask about MiFID II / MiFIR and IEC 62443

What is the difference between MiFID II / MiFIR and IEC 62443?

MiFID II / MiFIR has 8 controls while IEC 62443 has 303 controls. Both frameworks address compliance requirements but differ in scope, focus, and applicability. Use our platform to explore the exact control-to-control mappings.

Do I need both MiFID II / MiFIR and IEC 62443?

Whether you need both depends on your industry, regulatory requirements, and customer expectations. Many organizations implement multiple frameworks simultaneously. Our compliance platform helps you map controls between MiFID II / MiFIR and IEC 62443 so you can identify shared requirements and avoid duplicate effort.

How do MiFID II / MiFIR and IEC 62443 controls map to each other?

Our platform maps controls between MiFID II / MiFIR and IEC 62443 at a granular level. Each mapping shows whether controls are fully aligned, partially aligned, or represent gaps. This helps you prioritize implementation when pursuing both frameworks.

Which framework should I implement first, MiFID II / MiFIR or IEC 62443?

The best starting point depends on your specific regulatory requirements, industry, and customer demands. Consider which framework is most urgently required by your stakeholders or regulators. Use our free compliance platform to run a gap analysis and determine the optimal implementation sequence.