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BANKS NEED TO PREPARE FOR MIFID II - (24-11-2015)


 

MiFID II, which is set to be active from January 2017, will affect the whole financial services sector across Europe – including stricter requirements around the storage of data and trading communication records. According to Robert Powell, Global Head of Compliance at Etrali, MiFID II will have interesting effects on European traders and will encompass everybody; it’s a “totally different raft of legislation”. 

Powell talks to Bauke Schram, reporter at IB Times, about the regulation, what it means for banks across Europe and why financial firms need to be planning now for the changes ahead.

Read the full article on IB Times here.

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