MiFID II was designed to both stabilise financial markets and to protect individual investors. As the implementation process across the EU for MiFID II draws to a close, asset managers and institutional investors must be prepared for the January 2018 implementation deadline.
The report subdivides the aspects of MiFID II requirements pertaining to investor protection into areas for consideration including record-keeping, product governance and sales-related compliance, transparency of costs, inducements and client reporting. Each section of the report summarises the relevant areas of the regulation, and it includes a table detailing the impacts on business processes and technology, which incorporates best practice recommendations for buyside firms in complying with the regulation.
