With the MiFID II go-live date now just less than 6 months away, many firms are still in the process of determining their approach to the regulation.
With costs expected to be as high as €2.5bn for the Asset Management industry alone, MiFID II is probably the most expensive forthcoming regulation affecting the financial sector as a whole. The Financial Conduct Authority (FCA) has made it clear that Brexit will not delay the implementation schedule nor weaken the enforcement of MiFID II. However, the FCA may well show a degree of leniency during the initial phase as companies refine their processes.
The aim of this survey is to understand:
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