MiFID II will enter into force in the UK on 3 January 2018 and will replace Directive 2004/39/EC (MiFID I). MiFID II aims to enhance the efficiency and integrity of the financial markets across the European Union and we have prepared a suite of briefings on key areas of change. This briefing focuses on the provisions of MiFID II that relate to firms' internal organisation and the resultant changes to FCA rules as set out in the FCA's recent Consultation Paper CP16/19 (CP16/19). We also consider the practical impact of these proposals for UK firms.
You can read the full briefing here.
If you require further information on anything covered in this briefing please contact Andy Peterkin (firstname.lastname@example.org ; +44(0) 203 375 7435), or your usual contact at the firm on 020 3375 7000. Further information can also be found on the Commercial and Regulatory page on our website.
This publication is a general summary of the law. It should not replace legal advice tailored to your specific circumstances.
© Farrer & Co LLP, November 2016