Underprepared for MiFID?

A new survey by KPMG has found that European executives are under-prepared for the implementation of the European Union's Markets in Financial Instruments Directive (Mifid). The survey interviewed 199 executives at financial services companies around Europe. It found that relatively few companies were ready for MiFID, which is scheduled to be implemented in November, 2007.

Only 28% had appointed a project manager to oversee the Mifid requirements, while 30% of executives

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