Menu
MiFID II

The FCA has publishished a Consultation Paper regarding potential changes to its Handbook to accommodate Markets in Financial Instruments Directive II (MiFID II), with a view to publishing a Policy Statement mid-2016.

MiFID II will affect firms to varying degrees depending on the service they provide.

If you have not already done so we recommend that senior management familiarise themselves with the ‘MiFID II – what is changing’ section of the FCA website that can be accessed here and the recent consulation paper here.

Don’t forget to check Our View about this article and the Actions Required By You

MiFID II

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

Our View

Firms should have an awareness of the changes, regardless of how little they are affected.

Action Required By You

  • Senior Management should be aware of the potential impact on their firm;
  • Monitor FCA news, particularly feedback to the Consultation Paper and the forthcoming Policy Statement. 
SUIT - Beautiful Reports
CREATE BEAUTIFUL
SUITABILITY
REPORTS
TRY IT FOR FREE
SUIT - Complete Control
TAKE BACK
CONTROL OF YOUR
SUITABILITY REPORT
PRODUCTION
TRY IT FOR FREE
SUIT - Comp confidence
SUITABILITY
REPORTS
WITH FULL
COMPLIANCE
CONFIDENCE
TRY IT FOR FREE
previous arrow
next arrow

About the Author

Contact Us

Brought to you by

Explore more articles in this category

Other articles that you might be interested in

Dark_wall_just_ateb_signage

Data protection for joint parties

Compliance , , ,

Take care not to be caught out if the client provides details of another person.

Read More
Dark_wall_just_ateb_signage

Consideration of life cover options when advising on transfers

Compliance , , , ,

Transfers and death benefits: considering life cover as more than lip service.

Read More
Dark_wall_just_ateb_signage

Adviser only platforms

Compliance , , , , ,

Is it risky to recommend a client invests via an adviser only platform?

Read More
Dark_wall_just_ateb_signage

ESG investing – new rules coming along soon

Compliance , , , , ,

New rules around ESG investing are expected in 2021. Firms should start preparations sooner than later.

Read More
https---s3-eu-west-1.amazonaws.com-fta-ez-prod-ez-images-5-2-0-7-1217025-1-eng-GB-FCA2.JPG?v1

FCA framework for firms on assessing adequate financial resources

Compliance

The FCA has published finalised guidance on its framework to help financial services firms ensure they have adequate financial resources and take effective steps to minimise harm to consumers and to markets.

Read More
Load More