Masses of work still to do on cleaning data for MiFIR
Market participants have a lot of work still to do in preparing data and systems for the introduction of MiFID II and MiFIR, and getting the right technology is only part of what they need to do, according to the chief executive of a fintech firm specialising in the area.
New European transparency legislation the Markets in Financial Instruments Directive (MiFID II) and its sister regulation MiFIR are due to come into force at the beginning of January.
They will collectively reorganise classifications and responsibilities of different trading venues, tackle transparency in research, introduce demanding reporting requirements for more
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