Following legislation proposed by former British Prime Minister, David Cameron, the United Kingdom has built up a campaign against tax avoidance and money laundering.
The new ESMA regulations could change the industry as we know it, but how should brokers react to them? Read these useful guidelines to keep up with the trade shifts.
The European Markets in Financial Instruments Directive (MiFID) and the General Data Protection Regulation (GDPR) are two initiatives designed to bring European markets into alignment.
MiFID, or the Markets in Financial Instruments Directive, has presented European financial institutions with a vast array of challenges. One of these is the relationship with and definition of Introducing Brokers, or IBs.