Large numbers of firms still not complying with MiFID II, says survey

Chris Hamblin

11 December 2017

Timico's recent survey interrogated 500 financial firms. With less than 30 days to go before the implementation deadline of 3rd January, moreover, Timico discovered that more than one-third of financial organisations in the country are “unprepared” for it. One-quarter said that they were not ready with their telephone recording (or 'taping,' as regulators somewhat anachronistically call it) technology.