Almost three quarters of asset managers have concerns over Markets in State Street (MiFID) II to be imposed from January 2018, according to a survey by Financial Instruments Directive, with 59% of respondents agreeing that the increased transparency of in-scope instruments from these regulations will impact their firms. Rory Tobin, the global co-head of SPDR Exchange-Traded Funds, said that the underlying liquidity required by MiFID will increase confidence in investment products, thus further stimulating their development.
Almost three quarters of asset managers have concerns over Markets in Financial Instruments Directive (MiFID) II to be imposed from January 2018, according to a survey by State Street, with 59% of respondents agreeing that the increased transparency of in-scope instruments from these regulations will impact their firms. Rory Tobin, the global co-head of SPDR Exchange-Traded Funds, said that the underlying liquidity required by MiFID will increase confidence in investment products, thus further stimulating their development.