Blog | Fitzrovia IT

Get to grips with GDPR and MiFID II

Written by Fitzrovia IT | Sep 7, 2017 8:05:59 AM

If you work in the financial and trading sectors, you’ll undoubtedly be aware of the looming reforms contained in the GDPR and MiFID II directives.

GDPR, which governs data privacy regulation, will come into effect in May next year, and fines for non-compliance will be hefty. If you are properly prepared however, you shouldn’t run into any complications.

MiFID II – effective from the start of January 2018 – is designed to strengthen protection for investors, while also offering greater transparency into financial markets. Falling foul of these guidelines will also result in strict financial penalties.

As businesses works towards implementing the reforms, technology and software will need to be updated in order to ensure compliance.

It’s a hot topic, and one which we’re looking forward to exploring at our next free breakfast workshop here at Fitzrovia IT.

Leading the workshop will be award-winning financial journalist, author, and broadcaster Anthony Hilton. A former city editor and managing director at The Evening Standard, Anthony began his Fleet Street career as a trainee on The Guardian in 1968. He went on to write for many leading national newspapers, and has won numerous awards including the World Economic Forum’s ‘Decade of Excellence Award.’

During the 45-minute session at our London office, Anthony will give an overview of GDPR, and MiFID II. He’ll also discuss the challenges and opportunities facing business leaders in today’s economic climate. With the oil price fall, an entrepreneurial boom and access to pension pots, Anthony believes that conditions exist for a long period of UK growth.

Our latest ‘Make IT Happen’ workshop promises to offer some fascinating insights. If you’re interested in coming along, please get in touch either via our Contact Form or call 020 3727 6021 to book your place.