Come November 2007 and financial services companies would come under the purview of the Markets in Financial Services Directive regulation (MIFID). It is expected to cast an effect on the approach to operational risk of investment firms and also affect.
In a recent development, the European parliament has given an approval to a directive meant for allowing IT outsourcers and other services companies for operating freely across Europe. This is being done in order to cut down on red tape and create legal..
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