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Regulation

3MLD – The Regulator’s Challenge

By David Parody, Chief Operations Officer, Gibraltar Financial Services Commission, Gibraltar

Implementation of the EU’s Third Money Laundering Directive is required by all Member States before 15 December 2007. David Parody looks at the challenges ahead for financial institutions and their staff and how regulators should prepare themselves for this latest piece of legislation.


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Regulation

MiFID

By Jonathan Bayliss, Partner, Farrer & Co. LLP, London, UK

Jonathan Bayliss considers the scope of MiFID, its impact on the financial sector as well as the policy imperatives behind it.


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