Banks and Investment Firms should act now to ensure that they are ready for the MiFID II changes, and in a position to drive competitive advantage from the application of MiFID II/MiFIR provisions.
The first step that your organisation should take is the performance of a gap analysis. PwC will assist you in this process with the performance of a high level impact assessment of MiFID II and MiFIR requirements in relation to your organisation’s activities. This will be followed by a gap analysis of the MiFID II/MiFIR requirements against your organisation’s current state, and will result in the development of an action plan to act as the starting point for the implementation project.
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