First Word: It’s a MiFID, MiFID, MiFID, MiFID World
At 01 Mar 2008 15:26:40 in A-Team Delivery Terms, A-Team Free, A-Team Insight Quarterly, ATIQ-First Word, ATIQ-Issue 3 - Q1 2008, MM-Regulation, MiFIDMonitor.com
By Andrew Delaney, President & Editor-in-Chief, A-Team Group
MiFID is done and dusted. November came and went with nary a bother to speak of. There was no falling in of the sky. So, we don’t need to worry about MiFID anymore, right?
Wrong. To misquote our favourite and oft-repeated Churchillian phrase: November wasn’t the end. It wasn’t the beginning of the end. It was perhaps the end of the beginning.
We in Europe are living in a MiFID world. MiFID is now everything. It governs how investment services firms go about their business. And it reaches into other jurisdictions, meaning that while it’s an EU regulation, US Asian and other financial institutions are going to have to pay more and more attention to what it requires.
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