85% of Asset Managers Will Comply with MiFID II Unbundling Rules in Q4 or Later

[kreslik.news]

MiFID II comes into force in January 2018 and recent research indicates that asset managers have gained an increased awareness of the upcoming MiFID II research rules, with only 2% of respondents now unaware of unbundling requirements.

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Complying with the far-reaching legislation will not be cheap or easy. Under MiFID II – the updated Markets in Financial Instruments Directive – payment for research can no longer be bundled with other services and paid for using execution commission, as this would be considered an inducement.

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