Lack of knowledge and understanding at board level
What made the headlines in the sector over the past 12 months?
New regime begins in December 2019
Which stories dominated the headlines?
UK investors' access to new EU funds secured in event of no-deal Brexit
Could reduce annual losses by up to £451m
Had previously urged EU regulators to go ahead as planned
Regulatory and fee pressures
MiFID II has been talked about far and wide for its impact on banks, brokers and analysts.
Office will open in Q1 2019
European Commission relents to pressure
Open until 1 February 2019
Mark Starling defrauded investors of £3m
Could be forced to accept "more than 30" new rules
First State's Oulton to chair
Bearish outlook will push some players out of the market
Prospectus expected today
Warnings from CSSF and CBI
EU27 signs off Brexit deal
'Forging' its place
Case opened on 13 November
Comes in on 9 December 2019
Regime only covers quarter of EU cross-border financial services business
'Elaborate breach of trust'