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Post-MiFID, firms wait and watch

Post-MiFID, firms wait and watch

MiFID is a pan European compliance regulation which has a significant impact on the operations of financial services firms. MiFID impacts investment banks, asset managers, brokerages, wealth management firms etc. It is the most significant European reform as a part of the Financial Services Action Plan. MiFID went live as of 1 November, 2007 throughout most of the European Union. The impact of the regulations and the changes in the market place will be felt in the coming years.

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