Peeling Back European Regulations in 2018: What to Expect Next Year
Waters runs through the key facts you need to know about Mifid II, GDPR, BMR and Brexit.
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Its path from formation to completion has not been an easy one, however, with delays, bickering between lawmakers and regulators, and stiff opposition from the industry hindering its process through the EU’s complicated Lamfalussy process of rulemaking.
Despite its problems, however, the revised Markets in Financial Instruments Directive (Mifid II) will go live on January 3, 2018, and will affect nearly all asset classes through the trade lifecycle. While all eyes are focused on Mifid, this sea
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