Ray Tubman: We've only just begun …

With the regulatory deadline now upon us, the ex-post costs and charges reporting required by the second iteration of the Markets in Financial Instruments Directive (MiFID II) has been generated. We now all await the feedback from clients and wonder if there will be spikes in call centres resulting from clients finally being aware - in a monetary sense, at least - of the amount of charges being levied on their accounts. The goal of transparency can only be considered a move in the right direction - after all, there is no conceivable way that hiding this information can be considered ethi...