The Markets in Financial Instruments Directive, more commonly known as MiFID II, is one of the most talked about regulations in the financial services sector. Its impacts are far-reaching, both in terms of the macro structure of the overall financial markets and the internal functional areas within the financial institutions themselves. With the deadline for compliance having already been delayed by a year to January 2018 in response to concerns about the complexity, implementation plans should already be well underway in most financial institutions. Brickendon’s risk, regulation and data experts look at how implementing the correct Target Operating Model (TOM) could help organisations on the road not only to compliance, but also to a healthy future.
