Poll reveals majority worry over Mifid best execution
Almost 60% of risk professionals surveyed were highly concerned about the best-execution clause included in the EU’s Markets in Financial Instruments Directive (Mifid).
A poll by technology company Complinet of compliance, risk management and legal professionals carried out earlier this year found that 50 of the 86 respondents regarded best execution as an area of high concern.
“Part of the problem with best execution is that the wording in the directive is not very specific,” said Greg Kilminster, group managing director of Complinet Regulatory Insight. “Our
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