Time running out to prepare for Mifid II changes

Getting to grips with new rules should be an op risk priority


The revised Markets in Financial Instruments Directive, or Mifid II, may not be an easy read, but operational risk practitioners should closely examine it. The updated directive introduces a number of new operational risk control measures which have yet to gain wider awareness among the operational risk community – specifically, a much more prescriptive regulatory approach and significant changes to risk and control functions.

The original Mifid, now the cornerstone of European financial service

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