Janine Hofer-Wittwer: MiFID II meets ESG and EU regulation

Tight time frame

clock • 3 min read

The financial services sector may have thought MiFID II was firmly in their rear-view mirror, writes Janine Hofer-Wittwer, but it is time to think again...

Market participants may have thought MiFID II was firmly in their rear-view mirror. With many firms coming to grips with their preparation for SFDR and taxonomy regulations, the delay in implementation has given firms more time to comply with the disclosure requirements under these new regulations. But ESG regulatory complacency is unwise at this time. Why? The implementation of MiFID II, involving customer preferences for ESG, is due. The EU's landmark regulation, the Regulation on Markets in Financial Instruments (commonly referred to as MiFID II/MiFIR) entered into force on 3 Janua...

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