Preparations for the introduction of the Markets in Financial Instruments Directive II (MiFID II) could cost Europe's financial institutions a total of $2.1bn (£1.6bn) next year, according to a report.
The report by IHS Markit and Expand, a Boston Consulting Group company, said the slew of market reforms due to be introduced in January 2018 will require firms to spend much of next year preparing for...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till