Training Objectives

By the end of the seminar, participants will be able to:

• Understand the full scope of product governance obligations under MiFID II.
• Learn the regulatory requirements for Suitability and Appropriateness tests.
• Recognise how to design and distribute products with a client-centric approach.
• Apply PRIIPs KID requirements in practice, ensuring clarity and transparency.
• Identify regulatory pitfalls and supervisory expectations highlighted by ESMA and CySEC.
• Learn how to build internal processes that link product governance with investor protection.
• Develop practical skills through case studies reflecting real-life supervisory outcomes.
• Understand how governance, risk management, and compliance functions interact in this context.

Training Outline

Introduction

• Purpose of MiFID II product governance rules
• Investor protection as a regulatory cornerstone

Product Governance Framework

• Key principles and ESMA/CySEC guidance
• Product design, distribution, and target market definition
• Roles of manufacturers vs distributors

Suitability & Appropriateness Assessments

• Legal and regulatory definitions
• When suitability applies vs appropriateness applies
• Common weaknesses identified by regulators

PRIIPs KID in Practice

• Key disclosure requirements
• Balancing regulatory compliance with client-friendly communication
• Case study: Reviewing and critiquing sample KIDs

Linking Product Governance to Risk Management

• Conflicts of interest and governance oversight
• Monitoring product performance and client outcomes
• Aligning front-office and compliance perspectives

Case Studies and Group Work

• Analysis of supervisory enforcement cases
• Practical exercise: Designing a compliant distribution chain

Closing Session

• Key takeaways and compliance checklist
• Q&A and open discussion

Who Should Attend

This seminar is suitable for:

• Compliance Officers and AMLCOs
• Risk Managers and Internal Auditors
• Product Governance Officers and Regulatory Reporting Specialists
• Front-office and Distribution Managers
• C-Level Executives and Non-Executive Directors overseeing governance and compliance

Training Style

The seminar is delivered through a blend of short lectures, case studies, and group exercises. Real-life enforcement cases and supervisory findings are used to connect theory with practice.

Participants will be actively engaged in scenario-based exercises and will receive actionable feedback and compliance checklists to implement in their organisations.

CPD Recognition

This programme may be approved for up to 5 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.