The deadline for the industry to implement the complex changes for adhering to the new regulatory reporting obligations defined under MiFID II is less than 100 days away, at time of writing. Although the UK Financial Conduct Authority (FCA) has stated it will not initiate formal action against investment firms not fully compliant with Europe’s revised directive when it takes effect in January, it expects firms to show they are making their absolute best efforts to achieve compliance.

By now, firms should be in the final stages of their MiFID II projects and undergoing rigorous testing. In an article written for Risk.net, our regulatory specialist, Adrian Gill, considers the challenges associated with these reporting projects.

Read the article here.