Regulation round-up H1 2018: PRIIPs, MiFID II and Brexit uncertainty

For asset managers, 2018 has represented a watershed year for regulation with the introduction of MiFID II, PRIIPs and GDPR driving substantial operational change. While the introduction of new regulation has yet to prove catastrophic for the industry, major concerns over the unintended consequences of both PRIIPs and MiFID II are already set to be reviewed by the Financial Conduct Authority this summer. Firms must also contend with the ongoing uncertainty of Brexit and what it will be mean for their business, with questions still to be answered on post-Brexit arrangements on delegati...