Author (Person) | Karel, Lannoo |
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Publisher | Centre for European Policy Studies [CEPS] |
Series Title | CEPS ECMI Commentary |
Series Details | No.59/2019 |
Publication Date | February 2019 |
Content Type | Journal | Series | Blog |
Abstract: One year on, MiFID II is working and firms have adapted to the burdensome new set of rules. Markets have adapted to the new market structure rules, electronification has increased substantially in certain segments but market liquidity remains an issue. Licencing of data providers is in place, but a consolidated tape is still missing and a multitude of data formats makes the job undoable for the buy-side. The unbundling of research from execution continues to lead to rumblings among banks and asset managers, but is irreversible. The impact on SME research seems to be overdone. But the big question remains what Brexit will mean, if and when it happens. |
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Source Link |
Link to Main Source
https://www.ceps.eu/mifid-ii-is-working/
Alternative sources
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Subject Categories | Economic and Financial Affairs |
Keywords | Financial Integration, Post-Brexit |
International Organisations | European Union [EU] |