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.