‘mifid Madness’: Should Uk Scrap Regs After Leaving Eu? By Roger Aitken

by mondovisione.com posted 8months ago 23 views
Some two-and-a-half years after the implementation of the Markets in Financial Instruments Directive’s second iteration (MiFID II), a plank in European Union’s (EU) capital markets regulation, which ushered in the era of unbundling for investment firms, some protagonists are contending that many of the rules “should be ditched” after the UK leaves the Union following its transition period. This is the considered view of Roger Lawson, ex-chairman of UK ShareSoc that has around 5,000 mostly retail investor members, who argues that the problems that MiFID sought to address were issues that the UK did not have.

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