Stop complaining and build on Mifid’s benefits
In this Financial Times letter, Matt Smith, CEO of SteelEye, urges firms to stop complaining about MiFID II and instead recognise that compliance is not a one-off process. Benefits will only emerge over time, and in order turn compliance into an opportunity firms must stop treating it as a box ticking exercise, and more like a long-term strategy. The letter is a response to Philip Stafford‘s article “Bankers bemoan MiFID’s high costs and unclear benefits” published on May 24, 2019. Read the article here.