In Brief:

A comment paper containing draft guidance for the Markets in Financial Instruments Directive (Mifid) has been published by the French securities regulator. The Autorite des Marches Financiers (AMF) included its understanding of best execution requirements and possible implementation measures.

The AMF is seeking comments concerning consistency and relevance, and whether other issues should be considered in further consultations. Comments are requested by October 31. Click here to see the

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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