The Reporting Drama of Mifid II
Under Mifid II, asset managers will be responsible for fulfilling their own trade and transaction reporting requirements.
Neil Bond
“It’s extra work for us and there’s an extra cost, as well,” says Neil Bond, head trader at Ardevora Asset Management, referring to the implications associated with new trade and transaction reporting mandates that take effect in January 2018 under Mifid II.
A complex reality is unravelling within the European financial community, an environment in which market participants will be required to report significant amounts of information within a limited timeframe. What the European Securities and
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