MiFID II – Compliance and Outsourcing

When MiFID II enters into force on 3 January 2018 it will significantly overhaul the existing law regulating financial markets. This briefing is the third in a series of briefings on the MiFID II framework which we hope will help firms to prepare for its entry into force over the coming months.  It focuses on changes to two of the existing organisational requirements namely compliance and outsourcing. We will deal with the remaining organisational requirements in further briefings. Changes in the organisational requirements will affect both investment firms and credit institutions carrying on investment activities (“Firms”).