Some 85% of asset managers will not be compliant with MiFID II rules until the fourth quarter of 2017 or even later, according to a survey by polling company Survation. The figure is up from just over 50% in an identical poll carried out in the second quarter of 2016, as the industry approaches the January 2018 deadline. Survation's poll of 562 managers, representing...
Figures show 85 % of asset managers will not be Mifid II - compliant until Q4 2017 or even later , despite the January 2018 deadline , according to a survey by Survation . That 's up from about 50 % in a poll carried out in march 2016 . The new survey questioned 562 managers at 450 firms with up to $ 100bn in assets under management and found 60 % were setting up research centres , but more than one - third had not decided how they would apply for research . The survey also revealed 40 % have yet to decide how they will handle the forthcoming regulations ' research funding requirements .