MiFID support high, despite the costs
In the first of a new series of articles surveys exploring in more detail the inner workings of the op risk and compliance disciplines, Georgina Kenyon examines the results of a recent survey into the controversial MiFID directive
The Markets in Financial Instruments Directive (MiFID) has overwhelming industry support despite inherent costs, according to a new survey conducted by OpRisk & Compliance magazine. Alan Jenkins, head of MiFID at management and technology consulting firm BearingPoint, says the biggest surprise of the results was "the more than two-to-one net balance of people who see benefits outweighing costs".
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