Financial Services and Markets Group Bulletin - July 2006

With MiFID and CRD lurking ominously on the horizon, an ever-more determined Chancellor set to impose further legislation restricting opportunities to remunerate key employees in a tax-effective manner, and the challenges of retaining and recruiting good staff constraining the growth prospects of UK business, we ask what lies ahead for the financial markets and how will it affect your firm?

CRD – Are You Ready?
Article by Neil Fung-On

Few investment firms are fully prepared for the impact of the Capital Requirements Directive (CRD). In fact, where resource is a constraint, many are unlikely to have even read the consultation document. In this article, we address some of the key considerations for firms in this position.