Mifid
MiFID II delay raises industry compliance worries
The deadline for submitting the final draft technical standards for MiFID II has been pushed back to September, raising concerns over the time companies will have to adapt to the industry-wide regulation.
ESMA consults on MiFID II
The European Securities and Markets Authority (ESMA) has begun consulting the financial industry on its proposal that adviser standards should be set by individual national authorities under MiFID II.
Tax & Regulation | 26 Mar 15
FCA proposes extension of inducement
The Financial Conduct Authority has proposed extending the inducement standards set out by the Markets in Financial Instruments Directive II (MiFID II) to those providing restricted advice and to discretionary managers.
MiFID firms fall short on advice responsibilities
Investment firms across Europe are failing to provide the best possible results for their clients as they are required to under the Markets in Financial Instruments Directive (MiFID), the EUs key independent authority has said.
FECIF firmly disagrees with
The European Federation of Financial Advisers and Intermediaries (FECIF) has said it “firmly disagrees” with a requirement in MiFID II for asset managers to provide clients with information on inducements paid to advisers.