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First Word: Screw your courage to the sticking-place…

“Ridiculous” as the timeframe for MiFID implementation might have been, as one luminary described it this month, for the most part the industry managed it on time. As the Commission draws a line under its “completeness” checks (and kicks off the legal process against the transposition laggards), it is moving into the quality phase of its assessment of MiFID implementation. So the focus is shifting to not just did you implement MiFID, but how well did you do it?



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