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MiFID II Delays are Reducing Tech Debt, Not Increasing It

By 4 May, 2016 February 15th, 2018 Blog, Regulations
Delays in the publication of all of the Regulatory Technical Standards (RTS) for the EU’s Markets in Financial Instruments Directive (MiFID II) proposals are having an interesting, observable and positive side effect on the financial markets companies affected by the regulations. Rather than serving to delay bank and buyside firm thinking on which software solutions to use in complying with specific parts of the new rules, the delays are actually incentivising the companies to think holistically when making technology upgrade decisions designed to assist with the compliance overheads.

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