The FCA has published the findings from its review into firms’ implementation of the MiFID II research unbundling rules.
Key Points:
..Overall, the FCA found that the rules have produced “positive changes” and have had the intended effect of improving scrutiny of research costs and lowering costs for investors.
..However, the FCA acknowledges that valuation and pricing models are still evolving, and says it plans to carry out further work in this area in 2020 or 2021.
Please see full publication below for more information.
