Panel: Europe Lagging in Mifid Preparedness

The majority of European member states are behind schedule for transposition of the Mifid requirements, says a panel participant who spoke during SunGard's European user conference, SunGard Europa, last week. The participants decline to be indentified. "Things will go into place in 2008 rather than on November 1," the panelist adds.

There is still a "high uncertainty" in the industry when it comes to Mifid, according to a second panelist, whose organization conducted a 10-week study involving 178

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