Winterflood Business Services' Alex Kerry explains what investors need to be aware of as the MiFID implementation deadline approaches.
MiFID has become the bedrock of an effort to reshape capital market regulation across Europe since its implementation in 2007. However, its raison d'être - to improve the competitiveness of European Union financial markets by creating a single market for investment services and ensuring a high degree of harmonised investor protection - has not yet had the desired impact. MiFID II seeks to address the shortcomings of MiFID, which will have a profound effect on UK platforms, discretionary managers, stockbrokers, ACDs and fund managers. The implementation date for the new regulation ...
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