If It’s Europe, It’s Mifid II: The Directive Will Seep Into Every Trade
"Meredith Gibson, director at Meredith Gibson Advisory, stressed the importance of speeding up the processes of putting together and following a full compliance strategy, given that there would be significant complications for anyone who might fall behind in terms of their schedule."
On March 23, Waters held a conference on Mifid II, at which Stephen Hanks, responsible for co-ordinating the revision of Mifid II at the Financial Conduct Authority (FCA), delivered a clear message: The market has had enough time to take care of their compliance obligations; there will be no “special” favors and no further delays.
Meanwhile, a poll taken at the event revealed that 65 percent of attendees, representing major buy-side and sell-side firms, believed that there will still be
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