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

 Regulatory directives to watch out for in 2025

Regulatory directives to watch out for in 2025

Key ongoing directives firms should factor into their business planning

Chris Davies
clock 13 January 2025 • 5 min read
Commissioner sides with FCA over SIPP complaint

Commissioner sides with FCA over SIPP complaint

Outside of the regulator’s relevant functions

Isabel Baxter
clock 08 January 2025 • 2 min read
Survival of the fittest: Certification regime under the spotlight

Survival of the fittest: Certification regime under the spotlight

Has been described as overly complicated and prescriptive

Sandy McGregor
clock 06 January 2025 • 5 min read