After months of preparation, MiFID II-day has finally arrived but never fear, we've put together five points every adviser should know about the all-encompassing regulation…
The implementation of regulation under the second Markets in Financial Instruments Directive (MiFID II) may not bring the calmest start to the New Year but like it or not the deadline is here. Advisers have already said they expected complying with MiFID II to be the biggest challenge for their business in 2018, ahead of preparations for the General Data Protection Regulation (GDPR), to be rolled out in May. While the Financial Conduct Authority (FCA) acknowledged the regulation presented a significant challenge for firms, it expected them to take "reasonable steps" to meet today's de...
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