Are we there yet?

Mifid has been hanging over the financial sector for the best part of three years, but with less than three months to go to the directive's 'go live' date, substantial elements of the new regulations have yet to be thrashed out. For the buy side, problem areas include fundamentals such as best execution, transaction reporting, inducements, and even passporting. By Simon Morris and Ash Saluja

The changes demanded by Mifid of the buy side are probably not as onerous as those demanded of the

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