2009-05-15
Finansinspektionen (FI) has investigated 106 investment firms during 2008 due to the new securities regulations, MiFID.
The purpose has been to identify problems and issues which the new regulations have brought about and to verify whether the investment firms have adapted sufficiently.
FI's overall evaluation is that the investigated investment firms have actively worked to adapt to MiFID and that the majority of the firms fulfil the requirements of the regulations.
All the firms, however, have received opinions in one or more areas. FI has found serious deficiencies in four of the firms which has led to a sanctions assessment.
FI is planning several investigations based on their results, e.g. a review of branch operations and application of the regulations' provisions regarding best order execution.
