How Mifid II is changing the IRO job description
‘Mifid II seeks to improve transparency, reduce potential conflicts of interest and promote competition by unbundling brokers’ activities,’ said Andrew Bailey, CEO of the UK’s Financial Conduct Authority, in a speech delivered earlier this year. The European legislation has brought in ‘a number of fundamental changes,’ he added.
Alexander Free, senior analyst at Nasdaq IR Intelligence, explains that these fundamental changes, since Mifid
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