Impact of MiFID III on smaller UK brokers post-Brexit?

asked by u/dina_alsayed · 17h · 1 answers

Been thinking about the ongoing discussions around MiFID III and how it might land, especially with the FCA potentially aligning with some aspects or diverging. For those operating smaller UK-based brokerages, what are your primary concerns regarding compliance costs and operational adjustments, particularly as it pertains to client reporting and best execution requirements? The regulatory landscape is already fractured between the EU and UK, and further divergence could really stretch resources for firms with limited budgets.

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  • u/diego_r· 23 pts· 14h

    That's a solid point. I've been wondering how much of MiFID III's original intent will even make it into the UK's version. The divergence could be a headache, but a tailored approach might also offer some unique opportunities for smaller players if done right.

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