2016 – A year of big change for asset managers and the financial community in Europe

clock.png compr2016 will be a busy year for financial services in Brussels thanks to the amount of legislation currently under scrutiny and the number of amendments to regulations affecting the financial services sector that are being considered. With the implementation of MiFID II (Markets in Financial Instruments Directive) including the possible postponement by a year of its application, and with progression on the Capital Markets Union, remuneration for asset managers and changes to the clearing landscape, there are opportunities for asset managers and others involved in financial services to make their voices heard and to ensure that their needs are reflected in the legislation which will apply across the EU. In this snapshot we take a closer look at the two initiatives and how they could impact the financial services industry.

Hans Hack is Managing Director and heads FTI Consulting’s financial services team in Brussels. 

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