MiFID II goes live but asset managers are still confused

Eve Maddock-Jones
clock • 3 min read

The latest amendments to the European Union's MiFID II regulations came into effect today (2 August), but the lack of clarity and consistent labelling on sustainable assets means many fund groups are still not ready for the change, experts told International Investment's sister brand Investment Week. MiFID II is a legislative framework brought in by the bloc to standardise practices across the EU and increase transparency for investors, especially around costs. As of today (2 August), the amended regulations will require financial advisers to consider clients' sustainability preferenc...