MiFID II Applications
Firms impacted by MiFID II should apply now for authorisation or for a variation of permission (VoP), otherwise they risk being unable to operate in the UK market when MiFID II takes effect. To ensure that the application can be determined in advance of 3 January 2018, the final deadline for the submission of complete authorisation or VoP applications is 3 July 2017. Though we encourage firms to apply well in advance to increase the chance of obtaining the relevant permissions by 3 January 2018. For further information click here for the MiFID II Application & Notification Guide.