Making your mark on MiFID

Like the similarly-named classic horror story, MiFID is putting the wind up those who come across it. While in The Day of the Triffids the fear stems from rampaging killer plants, with Mifid it is the fear of rampaging costs and massive upheaval which is causing the sleepless nights. But is MiFID really that scary? For IFAs, the biggest problem is the extent of the changes arising from this important directive from Brussels will not be clear until early next year – only 10 months before the November 2007 compliance deadline. There is, however, plenty we do already know and plent...