MiFID II: Are you prepared?

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After ten years of extensive revision, debate and delays, the revised Markets in Financial Instruments Directive II (MiFID II) will finally come into force in January 2018. MiFID II is one of the most complex and wide reaching changes to financial market regulation the industry has ever seen, so it should be no surprise that UK financial firms face a one-off bill of as much as £225m and ongoing annual costs of £180m. The 148-page…

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