Markets in Financial Instruments Directive (MiFID)

SINGAPORE (Nov 7): Smartkarma, an online marketplace that connects investment research on Asian companies with professional investors, raised US$13.5 million ($18.4 million) in a round led by Sequoia India to fund its international expansion.

SINGAPORE (Aug 16): By Jan 2018, UBS Group AG may charge its clients about US$40,000 ($54,690) a year for access to its basic markets in financial instruments directive (MiFID) research, according to Reuters.