MiFID II

29 December 2015 Steve BaileyCompliance

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

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

About the Author

Contact Us

Brought to you by

Explore more articles in this category

Principals and Appointed Representatives – action needed

Alistair MacDougall Compliance 2016, FCA, PI

Following recent FCA investigations that resulted in a Dear CEO letter, firms that have Appointed Representatives need to review the adequacy their governance and supervision.