Mifid
ESMA consults on MiFID II
The European Securities and Markets Authority (ESMA) has begun consulting the financial industry on its proposal that adviser standards should be set by individual national authorities under MiFID II.
Tax & Regulation | 26 Mar 15
FCA proposes extension of inducement
The Financial Conduct Authority has proposed extending the inducement standards set out by the Markets in Financial Instruments Directive II (MiFID II) to those providing restricted advice and to discretionary managers.
MiFID firms fall short on advice responsibilities
Investment firms across Europe are failing to provide the best possible results for their clients as they are required to under the Markets in Financial Instruments Directive (MiFID), the EUs key independent authority has said.
FECIF firmly disagrees with
The European Federation of Financial Advisers and Intermediaries (FECIF) has said it “firmly disagrees” with a requirement in MiFID II for asset managers to provide clients with information on inducements paid to advisers.
Tax & Regulation | 28 Jan 15
RDR mistakes act as warning for MiFID II
The implementation of new distribution regulation in Europe is “fraught with danger”, according to a new report from ALFI, which also heavily criticises the implementation of the Retail Distribution Review in the UK.