FSA authorisation forms cover CRD

The directive comes into force on 1 January 2007, but the forms are in use from today to account for the duration of the authorisation process. The CRD sets out the capital requirements for firms subject to the Markets in Financial Instruments Directive (MiFID), which will be implemented in November 2007. It also sets out the capital requirements for firms subject to the Investment Services Directive until it is replaced by MiFID. If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Emily Perryman on 020 79...