PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Clearconcepts

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Market Practices May 'Fundamentally Change' As a Result of MiFID Inducement Rules Say FSDC - Inducements still a cause of concern for MiFID compliant firms
Market Practices May 'Fundamentally Change' As a Result of MiFID Inducement Rules Say FSDC

 

NewswireToday - /newswire/ - London, Greater London, United Kingdom, 2008/02/06 - Inducements still a cause of concern for MiFID compliant firms.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Inducement rules remain one of the most problematic areas of MiFID according to a recent meeting of the Financial Services Discussion Club (FSDC). Attendees said that market practices could fundamentally change as a result of the new rules.

The January session of the FSDC investment banking MiFID special interest group noted that the industry was struggling to understand how to apply MiFID’s inducement rules in everyday business scenarios.

Attendees noted that the negotiating space was re-opened as bundled fees were broken down and predicted that some product lines may come under pressure and become less competitive as the market responded to the rules. This was considered one of MiFID’s unexpected consequences and another area where the European Commission did not consult properly with the industry when drafting MiFID.

The forum believed that it would take another three to six months before firms had enough clarity to start building new systems and changing processes.

Naomi King, speaking on behalf of the FSDC said, “Inducement rules have remained a significant topic of discussion for members of the FSDC in previous months. It may be an area that will have a significant impact on market practices and many are awaiting further clarity before progressing with implementation.”

The next meeting of the FSDC investment banking MiFID special interest group is on the 11th February at Tower 42 in London. Topics on the agenda include: compliance monitoring, MI and client classification.

• The Financial Services Discussion Club (fsdc.eu) provides a forum for the discussion of topical issues and exchange of ideas. It is administered by Clearconcepts.

• Special interest groups run by the FSDC include:
- Asset Management - MiFID
- Asset Management - Retail
- Complaints Handling
- Financial Promotions
- Investment Banking - MiFID
- Operational Risk
- Retail - North
- Retail - Scotland
- Retail - South.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Clearconcepts

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Market Practices May 'Fundamentally Change' As a Result of MiFID Inducement Rules Say FSDC

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Rachel Webber - Clearconcepts.co.uk 
+44(0)20 7405 0065 rachel.webber[.]clearconcepts.co.uk
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Clearconcepts securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Clearconcepts / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Societe Generale Group has Agreed to Sell the Entire Stake of Boursorama in Onvista AG to Comdirect Bank AG
Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand
Tabarak Investment Capital and Elite Capital & Co. Limited in Discussion to Finance Projects
Consulting Magazine Unveils the Profession’s Fastest Growing Firms At Inaugural Gala
Hills Invest Signs An Agreement with The Afore Profuturo in Mexico

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)