There are high expectations that FIs will be ready for the extended Mifid II deadline in January, even if there are still some unanswered regulatory questions.
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Laura Glynn, |
Laura Glynn, director of regulatory compliance at client life-cycle management software solutions provider Fenergo, says: “As the deadline has been extended to January 3, 2018, it is expected that FIs should now be on the path to compliance.
“That being said, there remains an element of uncertainty around certain key areas of the directive, like third-country access and electronic access.
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