Virginie’s Blog – In the Firing Line

17 Jun 2010 Full content is free with registration

Last week’s MiFID reunion meeting involved both a handy roundup of all the MiFID related proposals coming down the pipe (although it was a speedy roundup, given the number of items to cover) and an opportunity for industry participants to do what they seem to like best of late: vent about regulatory grievances. In the firing line were: the ISO process (too slow), the idea of “bastardising” the Bank Identifier Code (BIC) for entity identification (too unwieldy) and the regulators themselves (industry hedgehog versus regulatory steamroller), among others.

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