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Jun 05, 2019

Brexit could lead to Mifid III, say experts

The UK’s vote to leave the European Union poses questions about the future of major EU regulations, including Mifid II and GDPR
European regulators have long held opposing views on unbundling, the process of separating the costs of research and trading. The UK’s Financial Conduct Authority (FCA) successfully pushed for strict unbundling rules to appear in Mifid II, against the wishes of French financial regulator the Autorité des marchés financiers (AMF). Now, with the UK set to leave the EU, could some of those rules be pared back? There’s ‘definitely talk about Mifid III’ and it could be used to ‘unwind some

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