With new regulations such as General Data Protection Regulation (GDPR) and Markets in Financial Instruments Directive (MiFID) II coming into effect, organizations around the world are beginning to see whether their hard work preparing for compliance will hold up to regulatory requirements. While the first day of trading under MiFID II rules may seem like the end of a long road of preparations, it’s actually just the beginning of the story.
With many firms still working on achieving full compliance, 2018 will be a critical year for seeing how MiFID II will play out in the real world. In addition, co-occurring regulations including GDPR are making compliance a big concern in 2018. However, new technologies, including artificial intelligence and blockchain and their impact on security and productivity, will be prime concerns (and opportunities) in 2018 as well.
