MiFID II increases both transparency and bureaucracy, Nordic AMs say
The MiFID II directive provides improved terms for investors and increases transparency in the market despite some bumps on the road. On the other hand, the directive has also increased the level of bureaucracy in some Nordic-based investment firms.
Reeta Paakkinen, CATHRINE KIER, MORTEN PLESNER and SIMON RICHARD NIELSEN
Despite frustration regarding implementation, misunderstandings and some unwanted consequences, the EU directive MiFID II has provided better terms for asset management customers.
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