The FCA has published the minutes of its MiFID II implementation roundtable, which was held on 6 January 2016. Points of interest include: (i) an update on the potential delay to the application of MiFID II – the FCA expects greater clarity on this during this month; (ii) the FCA is awaiting clarity on whether the Commission will propose a delay to the transposition deadline (which is currently 3rd July 2016), as well as to the application date; (iii) in the light of public discussions about delay, the FCA queried whether firms are easing back on their MiFID II preparations; and (iv) a summary of the FCA’s first consultation on MiFID II implementation (CP 15/43).