MiFID II Day 1 Compliance is not enough
May 16, 2018

With the first quarter of business under MiFID II (markets in financial instruments directive II) complete, MPI Europe, a specialist financial services consultancy, has published the results of its MiFID II Research Impact survey to assess the impact of the regulation, the approaches adopted, and the challenges being faced handling research and managing associated processes in an effective way across the market under the new regime.

Key survey results include the following:

Significant investment research impact: Majority view confirms that MiFID is having some negative or a material negative impact on their business, particularly for investment research;

More change coming, day 1 compliance is only first step: Over half of respondents believe that, despite good levels of initial compliance, the regulatory bodies will introduce more changes or provide further clarity to grey areas of regulation in the coming months – prompting more change;

Global impact needing flexible process: Both global and non-EU firms who have significant non-MiFID business are feeling the impact and a need to support a multiple model/process.





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With the first quarter of business under MiFID II (markets in financial instruments directive II) complete, MPI Europe, a specialist financial services consultancy, has published the results of its MiFID II Research Impact survey to assess the impact of the regulation, the approaches adopted, and the challenges being faced handling research and managing associated processes in an effective way across the market under the new regime.

Key survey results include the following:

Significant investment research impact: Majority view confirms that MiFID is having some negative or a material negative impact on their business, particularly for investment research;

More change coming, day 1 compliance is only first step: Over half of respondents believe that, despite good levels of initial compliance, the regulatory bodies will introduce more changes or provide further clarity to grey areas of regulation in the coming months – prompting more change;

Global impact needing flexible process: Both global and non-EU firms who have significant non-MiFID business are feeling the impact and a need to support a multiple model/process.



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