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
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.