By Joanne Frearson Although the Markets in Financial Instruments Directive (MiFID) will create a ...
By Joanne Frearson Although the Markets in Financial Instruments Directive (MiFID) will create a single EU market for the sale of financial products, advisers are concerned there are still many uncertainties surrounding this legislation. The main criticism of the directive is that each country will interpretive the regulations slightly differently, and how these discrepancies will impact advisers. The Association of Private Client Investment Managers and Stockbrokers (Apcims) thought litigation cases may result in countries that operate under a principle-based approach as the rules were...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes