MiFID

A place to discuss MiFID

Elton Cane Digital product delivery at News Corp Australia

MiFID compliance burden as a catalyst for M and A

At an event this week I heard an interesting opinion from the compliance head of German bank WestLB. His view was that in the German market, no-one saw any strategic benefits arising from MiFID - only cost and hard work. In fact, he said, with Germany's fragmented financial industry, many would be overburdened by the cost of compliance and this co...

09 March 2007

John Cant Managing Director at MPI Europe Ltd

Simplicity brings better Compliance

At MPIE we recently provided input to a whitepaper from NetApp - a leading unified storage solutions supplier - on compliance trends and how to reduce the risk and costs of their impact. I will leave you to judge the specific merits of the NetApp solution, but the general principles are clear. By understanding and designing for the wider complianc...

27 February 2007 /regulation /wholesale

Paul Penrose Head of Research at Finextra

McCreevy wakes to MiFID 'nightmare'

EU internal market commissioner Charlie McCreevy says the dream of a single Europe-wide rule book for equity market trading runs the risk of becoming a "practical nightmare", as euro zone regulators adopt their own distinct MiFID enforcement and compliance guidelines. Speaking at a high level City event organised by the UK Treasury, McCr...

20 February 2007