The European Supervisory Authorities have clarified some of the finer points around the Key Information Document required under the Packaged Retail and Insurance-based Investment Products Regulation
The authority has set out the ways in which the UK's policy will go beyond the requirements of the directive, but noted that it has an obligation to consider the government’s economic policies
New rules under MiFID II could restrict liquidity in the market and have a negative effect on securities lending and repo industry, according to Anna Biala, a partner at Clifford Chance
Custodians should embrace innovation and collaboration in order to move forward, according to Markus Ruetimann, chief executive of advisory firm Hardy London