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26 October 2017

英資産運用業協会、MiFID II(第2次金融商品市場指令)アンバンドリング規制の第三国関係に関する米SEC(証券取引委員会)、欧州委員会、FCA(英金融行為監督機構)の取り組みを支持


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IA's Chris Cummings, said that the association had been at the forefront of industry engagement to resolve the issue of cross border research costs, ensuring that a regulatory solution has been found ahead of the 3 January 2018 deadline.


Following the announcements on measures to facilitate cross-border implementation of the MiFID II research provisions, Chris Cummings said: “The Investment Association welcomes today’s announcements by the FCA, SEC and European Commission which will facilitate the cross border implementation of MiFID II research provisions. This is a successful outcome and one that demonstrates the ongoing strong engagement between industry and regulators on both sides of the Atlantic. The SEC has issued three related no-action letters addressing different aspects of the US regime. In parallel, the Commission has issued an FAQ on MiFID II interaction with third country broker-dealers. We will now review the details, but it is clear that this package of measures addresses a key outstanding challenge for our industry with regard to the implementation of MiFID II.”

Full press release



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