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Mifid, Uncategorized

MiFID II delay moves closer

It has been reported in several places that MEPs in the European Parliament have agreed not to block a MiFID delay. This article on FT Adviser indicates MEPs agreement, and suggests that the entire implementation will be delayed for a year. This article on The Trade News also suggests a full delay.

This article in Investment Week adds a quote from Jonathan Herbst of Norton Rose Fulbright, reinforcing the need to use the delay to properly implement MiFID II, especially given the complexity of compliance.

The European Commission will officially announce a delay once parliament’s decision is formally conveyed.

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets. He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.


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