FCA publishes Policy Statement (PS17/14) on MiFID II implementation

July 03, 2017

The Financial Conduct Authority (FCA) published today a Policy Statement on the Markets in Financial Instruments Directive II (MiFID II). The publication sets out final rules on conduct issues, including research, inducements, client categorisation, best execution, the appropriateness test, taping, client assets and perimeter guidance.

Firms must continue with their preparations for the application of MiFID II on 3 January 2018.

A complete summary of the policy statement and the consultation papers that preceded it can be found on the FCA website.

Related links:

Outline of AxiomSL’s MiFID II Solution