Banks, industry associations and lawyers have spoken exclusively to Practice Insight on
their best-efforts solution to Mifid II's trading obligation
rules for packaged transactions which are characteristically
incredibly complex. The lack of clarity has created a range of
risk-based bespoke solutions rather than an industry-wide
approach.
And with the General Data Protection Regulation's
implementation date rapidly looming, firms explain how they are planning to
manage their reams of Mifid II data to ensure it's compliant
with the GDPR. Again, industry-wide consensus would be
beneficial.
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