MiFID II in the US and Asia – action items for large asset managers (Premium)

MiFID II, Europe’s major new regulation on conduct, has gone global. Large asset managers see no value in supporting regional systems for reporting best execution and policy making and are taking MiFID II as the guidelines for a global compliance framework. This is a massive effort with major implications for all sorts of traded assets. What should large asset managers realistically be doing at this time?
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