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U.K. First to Transpose MiFID; Details Still Rest with CESR

As the January 31 deadline for writing MiFID’s requirements into domestic law looms, the U.K. has emerged as the first Member State to transpose the directive. The U.K. Financial Services Authority (FSA) has published policy statement PS 07/02, which provides feedback on issues related to transposition of MIFID raised by respondents in previous consultation papers, including CPs 06/14, 06/19 and 06/20.



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