FCA Clarifies Approach to Research Unbundling under Mifid II
Amendments to rules on best execution and investment research confirmed by regulator for UK firms ahead of January 2018 implementation date.
The review of the Markets in Financial Instruments Directive (Mifid II) will be implemented across Europe on January 3, 2018, and introduce a swath of new regulation designed to increase investor protection and transparency, following the introduction of the first Mifid in 2004.
In its final policy paper, the Financial Conduct Authority (FCA) outlines several key requirements for UK financial institutions, introducing additional measures that will exempt firms classified as Alternative
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