UK organisations unprepared for EU financial instruments directive

07 December 2017

There are now less than 30 days to go before the legislation comes into force with tough financial penalties for non-compliance.

There are now less than 30 days to go before the legislation comes into force with tough financial penalties for non-compliance.

The Markets in Financial Instruments Directive (MiFID II) comes into force on 3 January 2018, but 39 per cent of UK financial organisations are unaware whether their organisation is compliant or not, says new research.

MiFID II is EU legislation that regulates firms who provide services to clients linked to ‘financial instruments’ and the venues where those instruments are traded.

Part of the directive states that firms will be obliged to record all communications that are intended to result in a transaction.

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Government must help pave way for new business technologies

29 November 2017

The top three technologies that are set to move from the fringes to the business mainstream over the next five years are artificial intelligence, blockchain and the IoT, according to the Confederation of British Industry (CBI).

In its Disrupting the Future report, it highlights how firms and the government must pave the way for the adoption of cutting-edge technologies in order to tackle the barriers that businesses are facing.

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St. Andrews gets funding for data ‘SafePods’

29 November 2017

The University of St Andrews has been granted £1.5m from the Economic and Social Research Council to create and manage a new Micro Safe Settings Network (MSSN).

This aims to support, strengthen and widen remote access to sensitive information held by data centres across the country.

The university says research access to sensitive data can only typically take place in tightly controlled safe settings where the privacy of the data subjects can be assured.

But it points out that these type of research settings can be expensive to build and maintain, and so only exist in a few places across the UK.

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Everyone must help pay for Openreach FTTP

29 November 2017

Openreach estimates that connecting ten million properties across the country with FTTP will cost up to £6bn.

Openreach estimates connecting ten million properties across the country with FTTP will cost up to £6bn.

Openreach says it will have to pass on the costs of building a large-scale FTTP network to its wholesale customers. 

Since mid-July, the firm has been consulting customers such as BT, Sky, TalkTalk, Vodafone, amongst hundreds of others represented by the Federation of Communications Services.

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Case studies

Campus connections

Taking the congestion out of education.

Coming up in the December issue.

Feature

GDPR: the clock is ticking…

Don't fall foul of the forthcoming regulation.

Coming up in the December issue.

Products

Testing network components

Some of the latest gear to help with installations.

Coming up in the December issue.