Fresh challenges for the new year: What can firms expect in 2018?

MiFID II deadline passed

Investment Week would like to welcome you back after the Christmas break as we usher in a new era for our sector and look ahead to some of the headwinds and opportunities awaiting firms this year.

After months of frenzied last minute preparations across the industry, the new year finally saw the implementation of MiFID II on 3 January. But the hard work is clearly not over yet as groups continue to work through the longer-term implications of the new regulations and how they will actually work in practice. The impact on businesses is also still to be fully felt, as negotiations in areas like research costs will take time to be resolved.   At present, S&P Global Ratings does not anticipate MiFID II will have a "significant ratings impact" for companies in the next one to t...