The UK’s Financial Conduct Authority (FCA) will publish its proposed handbook changes to implement MiFID II in December 2015, according to a timetable it recently published.
The FCA plays an important role among financial regulators in Europe on the development of the EU financial regulation. And given many brokers and traders are registered in London, its handbook changes can have an impact beyond the UK.
The final handbook is expected to be published by 3 July 2016.
The authority expects to publish a discussion paper on some organisational issues where it has discretion in March.