Which parts of the FSA’s guidance is a firm expected to follow? 
That’s what one attorney asked Roseanne Harford, Manager, Strategy and Risk Division – at the FSA during Tuesday’s MiFID Forum in London.
The FSA relies on informal guidance which creates the risk of a soup of materials that firms find difficult to navigate, he said. Is [...]

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Wholesale markets in Europe have done well under a gentle regulatory regime, David Wright, deputy director general, EU Commission told The Forum, a MiFID event Tuesday. European markets grew twice as fast as GDP and faster than markets in the US.
“It is a pretty staggering change from where we were 10 years ago.”
But he warned [...]

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