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On January 3rd, 2018 MiFID II – the "Markets in Financial Instruments Directive II" will come into effect. At its heart is the EU wide requirement for the mandatory recording of mobile telephone calls and electronic communications. It will affect most investment firms trading in the EU. This paper looks at changes in the law and the experiences in the UK and will consider why MBP is no longer a safe, viable choice to meet MiFID II requirements.
This paper will address several key areas:
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