Compliance and Regulatory Consulting
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Nick Bayley, Managing Director in the Compliance and Regulatory Consulting practice at Duff & Phelps, spoke to GlobalCapital to discuss the increasing strain placed on the FCA as the deadline for MiFID II fast approaches.
Nick, a former FCA official said, “the problem with this legislation is that it's very complicated. You can't just cross out ‘EU’ and write in ‘UK’ at the top, in crayon, and hope that it works. The FCA will have to spend a lot of time unpicking MiFID II, having just implemented it, and figure out how it works for the UK on a standalone basis.”
The full article can be accessed on the GlobalCapital website