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PWMA: Not all international banks are applying MiFID II in Asia

Although specialists have suggested that MiFID II could trigger broad-ranging impacts for the industry, the Private Wealth Management Association (PWMA) points out that international firms have yet to apply MiFID II standards across the board. “Not all international firms with a significant regional presence are choosing to apply MiFID II in situations where it isn’t required in Asia,” said Peter…

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