MiFID and the Need for IT Flexibility
Butler Group Review Articles
Sarah Burnett - Published 01/11/2006
The implementation timescale of 1st November 2007 for the forthcoming Markets in Financial Instruments Directive (MiFID) is over-ambitious. This point is even more pertinent now that the New Year is approaching and still many European Union (EU) member states are in the process of finalising the implementation details of the directive. It is essential that financial firms act now and in parallel with the legislative process, in order to be ready for MiFID on-time. The first step is to formulate a complia…