Mifid
Alternatives | 9 Jan 15
AIFMD expansion consultation closed by ESMA
A consultation on whether to extend the Alternative Investment Fund Managers Directive (AIFMD) beyond Europe has closed, and will now be used to determine the European Commissions legislative stance on the matter.
ESMA aims for improved investor protection
ESMA has introduced a wave of additional investor protection measures in its final technical advice on the implementation of the Markets in Financial Instruments Directive II (MiFID II).
UK failing to protect compromised finance sector
The UKs finance industry has been compromised in numerous ways by EU reforms, and has not done enough to protect its national interests, the Wealth Management Association (WMA) has said.
Tax & Regulation | 9 Sep 14
MiFID II still worrying UK wealth managers
UK wealth managers remain concerned about the high compliance costs associated with MiFID II and its incompatibility with the traditional structure of UK non-bank wealth managers, says Jonathan Sokhanvari, COO at Multrees.
Better regulation not more regulation
European advisory trade association FECIF has set out its four main goals for the coming months: continue lobbying, identifying key MEPs, collating data on the market and boosting its membership where possible.