• 16 November 2017

    Changes to online trading as a result of MiFIR

    Changes to reporting requirements under The Markets in Financial Instruments Regulation (known as MiFIR) come into effect from the beginning of January 2018.

    Changes to reporting requirements under The Markets in Financial Instruments Regulation (known as MiFIR) come into effect from the beginning of January 2018. These changes will impact advisers wanting to place trades online for the Retirement Wealth Account.

    In the following circumstances, you'll need to call us and provide additional information in order  to trade in Exchange Traded Instruments (ETIs):

    • If you're acting on a discretionary basis for members, or
    • placing trades for members who are not UK nationals or hold dual nationality.

    When you select 'trading', you'll notice a new pop up window prompting you to:

    • call our Investment Support Desk  to place the trade offline if the above circumstances apply (and detailing the information  you'd need to gather before doing so), or
    • accept a declaration confirming that these conditions do not apply, before continuing to place the trade online

    If you have any queries please call our Investment Support Desk on 0345 671 5507 (select 1, 1, 1).