Gina Miller slams Mifid II confession from FCA boss
Andrew Bailey tells MPs no firm has faced enforcement action on fees transparency
Andrew Bailey tells MPs no firm has faced enforcement action on fees transparency
Analysis reveals S&P indices where equity analysts can add the most value
Kids, Mifid II and SMCR are set to keep compliance teams busy this year
Research from Intrinsic reveals how clients might react to disclosure documents
SCM Direct boss slams regulator as the ‘industry lapdog’
Firm’s CEO warns inflows will remain “soft” in the short term
Advisers say regulation is forcing them to deal only with clients able to pay fees
The EU directive could destroy the research landscape, argues Nick Burchett
GDPR somewhat contradicts Mifid II when it comes to personal data, according to Teleware chief executive Steve Haworth
Gina Miller has taken aim at the Financial Conduct Authority for a lack of transparency over its enforcement of Mifid II rules connected to costs and charges.
The FCA has vowed to review Mifid II six months after it came into force, but industry figures believe it must stamp its authority on non-conforming firms and the unbundling of research costs if the directive is to be successful.
The US and Asia could be subject to similar research unbundling rules as Europe under Mifid II by 2022, a survey by a research platform provider has shown.