MiFID II – Second Policy Statement and Further Consultation

The FCA has published its second Policy Statement on MiFID II implementation, plus a further Consultation Paper on residual issues.

Key Points:

..The FCA has made significant changes to some proposals, particularly in relation to inducements and research.

..There remain a number of points of uncertainty, and areas where EU-level guidance is required.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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