Organisations that have to make IT changes to comply with MiFID can use the opportunity to go beyond their obligations with a more imaginative approach that will give them a competitive advantage, says John Neasham.
Latest articles from Regulations
Time to replace talk with action
May 2, 2006Implementation advice is coming from all quarters and there are still voices of dissent but organisations must now get on with their preparations for compliance with MiFID, says Michael Imeson. He finds out how the investment services industry is faring.
Heavy going
April 3, 2006The UK’s Financial Services Authority has released its complex proposals for implementing the EU’s Capital Requirements Directive. The 1300-page document is so heavy that bankers are complaining of stretched arms and grazed knuckles, writes Michael Imeson.
Kind endeavours and corporate kudos
April 3, 2006As Barclays CEO John Varley takes the homelessness baton from HSBC co-head of CIBM John Studzinski, they talk to Karina Robinson about charity work and corporate social responsibility.
First-mover advantage
March 6, 2006The sooner firms take action, the better positioned they will be to take advantage of the opportunities of MiFID, and to avoid an expensive panic in 2007. By Alan Jenkins.
Technology conundrum
March 6, 2006The IT implications are mind-boggling but already the likes of MiFID Connect and the MiFID Joint Working Group are busy advising on what should be done. By Michael Imeson.
Paying through the nose
March 6, 2006
Although no-one can accurately estimate what MiFID will cost
individual firms or the industry as a whole, everyone agrees on one thing – it will cost a lot. By Michael Imeson.
Mix-and-match implementation
March 6, 2006The European Commission has ended the debate about how MiFID should be implemented by opting for a mixture of regulation and directive – but confusion remains. By Michael Imeson.
Countdown to compliance
March 6, 2006Investment services firms have barely 18 months to prepare for MiFID so it is imperative they understand the impact it is likely to have on their business and react accordingly. By Alan Jenkins.
Final cut (but one) of the USA Patriot Act
March 6, 2006Foreign correspondent banks will be major losers as a result of further anti-money laundering regulation in the form of Section 312 of the USA Patriot Act, writes Michael Imeson.