Phase two of MiFID, or the Market in Financial Instruments Directive, went into effect in the European Union on January 3, 2018. The regulation aims to provide greater transparency for end clients as well as regulate areas where potential conflicts of interest may occur. 

Ben Apfel, Head of Legal at BMO Global Asset Management (EMEA), joins the podcast to discuss the impact that MiFID II has on European financial advisors. We also discuss its ripple effects, both current and future, on the global financial industry, including the impact on North American financial advisors.

For full show notes and links mentioned in this episode, visit https://www.bmogam.com/us-en/advisors/news-and-insights/mifid-ii-european-regulations-with-global-implications/.