Featured in an article by Selin Bucak in Citywire’s Wealth Manager, Catalyst’s Gilly Green is quoted agreeing that there is a danger that the implementation of MiFID II could cause disruption in relation to suitability.
“[The next review in] 2019 will be post-mifid, which looks at suitability end-to-end. It brings in the distribution and manufacturing elements. That in itself will cause a bit of a disruption in terms of the process.”
Gilly also voices her concern around the absence of a public body that informs clients of all the changes.
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