MiFID II will be implemented into UK law 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 examines where we are in terms of MiFID II implementation, in particular focussing on the FCA's second MiFID II implementation consultation paper (CP16/19) and its impact on firms.
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If you require further information on anything covered in this briefing please contact Grania Baird (firstname.lastname@example.org; +44(0)203 375 7443), Fiona Lowrie (email@example.com; +44(0)203 375 7232) 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, September 2016