Major EU reforms are looming. Following the introduction of Solvency II on 1 January, this year will see the introduction of the Market Abuse Directive (MAD II), packaged retail investment and insurance-based investment products (PRIIPs) and Ucits V, and the clearing obligations of the European Market Infrastructure Regulation (EMIR) will kick in. A likely delay for the Markets in Financial Instruments Directive (MiFID II) will see implementation shunted back to 2018 with the Insurance Distribution Directive. This article discusses the upcoming regulation that may impact your business in 2016. [Read More]
Source: FT Adviser