MiFID III 'the last thing' asset management needs amid EU review
Changes to take place by next year
The planned review of MiFID II is likely to embrace "gentle reform" to the much criticised directive, with a complete overhaul of the wide-reaching regulation "the last thing" the sector needs, according to legal experts.
Last week European regulators said that by the end of next year they will review the regulation, which came into force in 2016, following a great number of unintended consequences for market participants...
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'Starting point'