Is MIFID a good regulator?

MiFID (Markets in Financial Instruments Directive)in europe ,is this regulatory authority is trustworthy or it,s another joke like CySEC?
Thanks and waiting for your replies.
Safe Trading.

Mifid is a directive from the EU commission that sets minimum standards that all EU member states have to implement into national law. Implementation varies from country to country. Mifid itself is not an authority, it is a european law. Try wikipedia..

I'm more attracted to regulating by FSA then MIFID