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The good, the bad and the ugly 

June 27, 2014
Luke Jeffs, FOW

Even by recent standards the regulatory agenda was busy this week

Banks have long complained the volume and speed of regulatory change is keeping them so busy that they have no time to focus on their day jobs. But, even by recent high standards, this week has been exceptional.

A few weeks after its publication banks are starting to come to terms with the more incendiary aspects of the Mifid II draft proposals and they are getting particularly animated about plans to regulate electronic trading.

Under the current proposals all firms trading in Europe must register with a European regulatory authority which could also require them to open an office in the region.

Read More: FOW

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