Managers need to take more action on MiFID II

Matt Smith, chief executive officer of SteelEye

Matt Smith, chief executive officer of SteelEye

MiFID II has been talked about far and wide for its impact on banks, brokers and analysts.

The 30,000 page, 1.5 million paragraph-long document, which came into force on 3 January this year, marked an overhaul of the way stock, bond, commodity and derivative markets trade and invest across the entire EU, in an attempt to make the market fairer and more transparent.  FCA receives more than 1,500 MiFID II queries in six months However, the regulation has also had an indirect impact on a number of other players, including fund managers, and it has been quite profound. Many managers were not prepared adequately for MiFID II's arrival, and, nearly a year in, some firms are final...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Regulation

Index providers have become “increasingly influential”.

SEC considering treating index providers as investment advisers

No longer 'data providers'

Elliot Gulliver-Needham
clock 17 June 2022 • 1 min read
JB Beckett

JB Beckett: Competition and the future of financial services

Not such a 'British Bang'

JB Beckett
clock 16 June 2022 • 4 min read
MPs said that there will be opportunities to seek regulatory simplification while being mindful of continued compliance with global standards.

MPs warn government against weakening of financial regulation standards

Opportunities for simplification

clock 15 June 2022 • 2 min read