With less than a month until the Mifid II deadline do you have your research payment plans in place?
Yes, we have concluded our negotiations with various research vendors and have systems ready to monitor consumption and compliance with the new regime
Nearly, we need to wrap up conversations with some brokers and/or finalise our internal systems but we should be ready by the deadline or close to it
No, we have a huge amount of work to do to finalise vendor terms and get internal systems ready for Mifid II. Christmas may well be cancelled
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