Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Western EuropeOctober 30 2017

Data protection rules set to clash with MiFID

Disparate regulatory frameworks clashing is nothing new, but the EU’s General Data Protection Regulation, which was not drafted specifically with banks in mind, is going to clash with other frameworks such as MiFID II, writes Justin Pugsley.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

What is happening? 

From January 2018, the EU’s second Markets in Financial Instruments Directive (MiFID II) goes live with its emphasis on transparency to drive investor protection. Five months later comes the General Data Protection Regulation (GDPR) with a focus on privacy and even the right to be forgotten.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial