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'Honeymoon period' as firms escape fines for MiFID II reporting failures

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The Financial Conduct Authority (FCA) has been granting asset managers an enforcement "honeymoon period" with more than a fifth of investment firms expected to have already breached MiFID II reporting standards, according to consultancy firm Duff & Phelps. A total of 546 out of the 3,724 UK investment firms, which…

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