Europe’s Mifid Monster Lurches to Life
January 3 went smoothly for many, but the launch of Europe's far-reaching reform package wasn't without problems.
While most people were buying gym memberships and giving up alcohol at the start of January 2018, technology teams across the entire financial industry were already in fifth gear, preparing for the implementation of one of the most ambitious projects in regulatory reform ever to be enacted.
On January 3, known as implementation day, the revised Markets in Financial Instruments Directive and Regulation (Mifid II) came into force. Touching virtually all aspects of the trade lifecycle across all
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