FSA sets out costs and benefits of MIFID
The Financial Services Authority (FSA) today published a paper setting out its assessment of the overall costs and benefits for the financial services industry of implementing the Markets in Financial Instruments Directive (MiFID) in the UK.
The overall impact of MiFID attempts to quantify, where possible, the benefits of MiFID in the UK, and sets these alongside the costs of implementation. The paper indicates that, under certain
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