It seems there is no down time in financial markets anymore, so if you managed to step away from your smartphone over an uncharacteristically busy festive period, here's a round-up of the stories you may have missed.

Mifid II: The FCA is on the hook tooIt is all happening tomorrow! Are you ready? But do not think it is just market participants that are sweating under new obligations —  Nick Bayley from Duff & Phelps reckons the financial regulator's budgeting department will have had some sleepless nights, too. READ MORE