FIN.

PRA consults further on MiFID 2

PRA has published its second consultation paper on changes it needs to make to its rules as a result of MiFID 2. This paper focuses on the changes needed to take account of the requirements in the MiFID 2 Delegated Regulation on Organisational Requirements, and deals also with the practicalities of variations of permission to carry on newly regulated activities (operating an OTF) or with new investments (emissions allowances), or notifications necessary to allow certain services in relation to structured deposits. We have written a more detailed article on the proposals.  Consultation closes on 27 February 2017.

Emma Radmore