MiFID II: initial KYC skirmish underway – fewer than 30 days left!

JWG analysis. When we talk to people about MiFID II, they tend to focus on what they need to tell the regulator: transaction reporting, transparency and algorithmic trading often come up {see here for more}.  It’s clearly a big deal in terms of firms’ balance sheets and an important part of the regulatory plumbing to

MiFID II: information warfare unleashed

JWG analysis. The continent was rocked by far more than parliamentary elections on 22 May. Early reports from major financial centres confirm the impact from the 844 pages of text released by ESMA on MiFID II / MIFID to be about a 9 on the Richter scale – so high that ESMA’s website gave up