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Private banks in Asia “searching for clarity” on MiFID II

With MiFID II rules set to come into effect on 3 January, 2018, some European private banks may have left their Asian branches in the dark, and this is leading to an “urgent search for clarity”, according to Patrick Donaldson, Asia head of market development, wealth, at Thomson Reuters. Donaldson told Asian Private Banker that preparations for the European Union’s…

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