Two thirds of firms unlikely to meet MiFID II deadline
Regulatory costs expected to double in next five years
Many firms surveyed argue rising regulatory and compliance costs could see them miss the deadline
Just 36% of financial services firms that are subject to MiFID II are confident they will be able to comply with the regulation by the January 2018 implementation date.
This is according to a survey of 183 senior financial services professionals by corporate finance adviser Duff & Phelps, including compliance professionals and investment managers, across Europe, US and...
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