Advisers split on MiFID II impact - FE research

'Regulatory fatigue'

Sophie King
clock • 1 min read

Financial advisers are split over the effect MiFID II has had on their business processes, research from Financial Express (FE) has suggested.

The report analysed responses from more than 200 advisers and focused on the areas where they believe they could make improvements to their businesses and clients. In response, one-quarter of advisers believed the second iteration of the Markets in Financial Investments Directive (MiFID II) had improved their business processes compared with a third (32%) who reported it had made them worse. Some two-fifths (43%) said the rules had made little or no difference. Of those who thought MiFID II had made business processes worse, the majority (70%) said it had not provided better transpare...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Navigating PISCES: FCA regulation doesn't equal protection

Navigating PISCES: FCA regulation doesn't equal protection

'Those investing via PISCES, and their advisers, should scrutinise issuers and their disclosures carefully'

James Tyler
clock 28 March 2025 • 4 min read
FOS sides with Ludlow WM after client's professional representative made 'poor submissions'

FOS sides with Ludlow WM after client's professional representative made 'poor submissions'

Complaint not upheld against Ludlow Wealth Management

Isabel Baxter
clock 27 March 2025 • 3 min read
Regulators rethink D&I targets 'to avoid additional burdens on firms'

Regulators rethink D&I targets 'to avoid additional burdens on firms'

FCA and PRA to take different appraoch to diversity and inclusion

Linus Uhlig
clock 13 March 2025 • 2 min read