90% of Buy-Side Firms at Risk of Missing MiFID II Deadline

[kreslik.news]

The upcoming implementation of MiFID II this January is expected to yield widespread changes for financial venues and the broader regulatory playing field. Despite being postponed, the sweeping regulation may still prove to be premature for buy-side firms, with nearly 90 percent believing that they are at high or medium risk of not being compliant by the January 3 deadline.

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The road to MiFID II was never expected to be easy, however the percentage of buy-side firms expressing concern is staggeringly high with less than six months to go before the deadline. Indeed, ... (read more)