SS&C Blog

BLOGS. November 2, 2021

EU Regulators Ease Reporting Demands in MiFID 2 Quick Fix Directive

Investment and wealth managers in the European Union have a temporary reprieve from producing some data-heavy best execution reports mandated under the Markets in Financial Information Directive II (MiFID II). In February, the European Commission (EC) published its MiFID II "Quick Fix" Directive, officially known as DIRECTIVE (EU) 2021/338[1], which acknowledges pandemic disruptions and market concerns in its attempt to streamline certain regulatory requirements.