Data archiving specialist Smarsh is urging UK businesses to start preparing now for the advent of MiFID II ahead of its implementation on 3 January 2018.
The firm has released the first in a series of white papers - Preparing for MiFID II & MIFIR Recordkeeping - focused on helping firms prepare for the directive. It said the paper would give businesses insight on their new record keeping requirements. In the paper, Smarsh outlines the revised voice and electronic communications recordkeeping requirements for firms and includes help on how best to demonstrate MiFID II compliance in an efficient and cost-effective way. Director James Thompson said: "Businesses are more than familiar with MiFID II and how it will affect their trading acti...
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