Brexit: Will the UK Give MiFID II the Cold Shoulder?

[kreslik.news]

This article was written by Simon Richards, CEO of Fonetic.

Brexit and Dodd-Frank

With the Brexit vote still a recent memory, many financial institutions are wondering where the banking compliance and regulation ground lies – will MiFID II still stand or will it be replaced? Add to this Donald Trump’s declarations that he plans to dismantle the Dodd-Frank Wall Street Regulation, should he come to power, and it’s easy to understand why the industry is uncertain about the strength of proposed legislation and what is likely to be required from them.

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