'Still obstacles to overcome': MiFID II's implementation - one year on
Born in wake of financial crisis
One year on from the introduction of MiFID II, asset and wealth managers continue to struggle with much of the pan-European regulation's requirements as well as its unintended market consequences.
The second iteration of the Markets in Financial Instruments Directive (MiFID II), which came into force in January 2018, placed a raft of onerous new requirements on firms with regard to fee and performance...
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