Industry works together to tackle MiFID

The Association of Private Client Investment Managers and Stockbrokers (APCIMS), the British Bankers’ Association (BBA), the Futures and Options Association (FOA) and the International Capital Market Association (ICMA) have introduced the joint programme to help firms cope with the major impact MiFID will have on the way they are currently regulated and the changes it will bring to their systems, documentation and order-handling procedures, says the BBA. The programme is designed to assist firms in implementing the directive in a practical, cost efficient and market sensitive way, which d...