The twin challenges of Basel and MiFID
The connected problems of Basel II and MiFID compliance were the subject of a round table discussion group in London in mid-July
Executives from financial services firms and consultants from professional services firm BearingPoint's London office gathered in mid-July to discuss the twin – and often connected – challenges of Basel II's operational risk regime and the new Markets in Financial Instruments Directive (MiFID), which is due to come into force in April 2007.
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