Regulators have caused "organisational chaos" by providing fund managers with two entirely different transaction cost calculation methodologies with the introduction of MiFID II and PRIIPs, according to Fundscape.
The research house said the confusion has been caused by two conflicting instructions given to authorised corporate directors (ACDs) and compliance teams regarding the calculation of implicit costs, rather...
What made financial headlines over the weekend?
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000