Mifid will lead to a risk-based approach to client communications, says club
Asset-management firms will spend more time focusing on products and communications that present the greatest risk.
The Markets in Financial Instruments Directive (Mifid) will force asset managers to take a risk-based approach to communicating with customers, according to members of the Financial Services Discussion Club for asset managers, that meets every month in London.
Members warn that under Mifid, marketing and compliance teams in asset-management firms will spend more time focusing on products and
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