Letters

A direct consequence of regulation aimed at dismantling the cult of “Too Big to Fail” has been the struggle of younger firms who are increasingly “Too Small to Comply”.

Technology has revolutionised the financial industry, but we’re long overdue a revolution in the way we think about its future role and the policies that should govern it, write Daniel Schlaepfer and Hugo Kruyne.

As with any other time in the history of financial markets, there is much contention surrounding the extent to which the market should be regulated.

It’s well known that the EU’s new MiFID II rules will indirectly influence financial practices across the world, but might this fact even change the culture of regulation itself?

The principal intention of MiFID II is to increase transparency in trading by moving much of it out of the dark and onto regulated marketplaces.

A direct consequence of regulation aimed at dismantling the cult of “Too Big to Fail” has been the struggle of younger firms who are increasingly “Too Small to Comply”.