Over 60% Of Firms Don’t Properly Tackle MiFID II Best Execution

[kreslik.news]

Although the MiFID II came into force at the beginning of 2018, most of the industry players are yet unprepared to formalise the best execution process, among other tasks to tackle the biggest regulation challenge in recent times.

That’s according to a new survey conducted by Cappitech, a Fintech boutique offering bespoke solutions to both the buy- and sell-side, which included over 100 European compliance executives.  The study assessed the shakeup to the multi-trillion-dollar markets ‎under the European Union law with a greater focus on Best Execution and RTS27/28 requirements, which apparently were shelved in favor of ... (read more)