<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Despite the positive effects that MiFID II has had in increasing transparency and the individual investor protection, most recent studies outline the difficulties experienced in practice by the European investment firms when trying to comply with the European regulation. The most recent survey realized by CFA Institute point out to the fact that the European investment services industry has suffered, due to the introduction of the new regulation. The big players might be the only ones for which it seems to be worth remaining on the market, the small investment companies being downsized or eliminated completely. In this paper, we aim at discussing the challenges that the introduction of MiFID has brought for the Romanian investment firms, while comparing this situation with the general situation at the European level.</p></abstract>

Despite the positive effects that MiFID II has had in increasing transparency and the individual investor protection, most recent studies outline the difficulties experienced in practice by the European investment firms when trying to comply with the European regulation. The most recent survey realized by CFA Institute point out to the fact that the European investment services industry has suffered, due to the introduction of the new regulation. The big players might be the only ones for which it seems to be worth remaining on the market, the small investment companies being downsized or eliminated completely. In this paper, we aim at discussing the challenges that the introduction of MiFID has brought for the Romanian investment firms, while comparing this situation with the general situation at the European level.

Challenges Regarding the Implementation of MiFID II

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Challenges Regarding the Implementation of MiFID II"}

Despite the positive effects that MiFID II has had in increasing transparency and the individual investor protection, most recent studies outline the...

Challenges Regarding the Implementation of MiFID II

Pubblicato online: 23 lug 2019

Pagine: 158 - 162

DOI: https://doi.org/10.2478/kbo-2019-0073

Parole chiave
MiFID II, challenges, investment firm, compliance

© 2019 Marius Cristian Miloş et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Challenges Regarding the Implementation of MiFID II

Pubblicato online: 23 lug 2019

Pagine: 158 - 162

DOI: https://doi.org/10.2478/kbo-2019-0073

Parole chiaveMiFID II, challenges, investment firm, compliance

© 2019 Marius Cristian Miloş et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Parole chiave
MiFID II, challenges, investment firm, compliance