Best Execution Disclosures and MiFIR Transaction Reporting
The MiFIDII / MiFIR and the delegated acts supplementing them ushered in 2018 an era of increased transparency towards market participants. The framework builds on the experiences of MiFID and imposes additional disclosure obligations for nearly all investment firms, as well as a new obligation to present information to market participants regarding best execution.
Moreover MiFIDII/MiFIR increased the reporting obligations for nearly all firms transacting either on or off exchange in an effort to provide regulators with a better overview of the financial markets to minimise instances of Market Abuse.
By the end of the programme, participants will be able to:
- Understand RTS 27 reports and their use
- Understand RTS 28 reports and their use
- Know who is obliged to report under MiFID II / MiFIR
- Know what instruments are reportable under MiFID II /MiFIR
- Scope of Application
- Reporting and Clearing Obligations
- Risk Mitigation Techniques for non-cleared derivatives
- Regulators’ reviews of EMIR obligations
- Upcoming changes
The programme is designed to enhance participants’ knowledge on the subject matter using a practical workshop style that includes a presentation, case studies and discussions that will highlight best practices on the relevant topics.
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.
Professionals requiring CPD units to meet the education requirements for CySEC licence renewal, and/or for maintaining other professional memberships/certifications which accept CPD in Financial Regulation, are advised to consider training subjects in categories that indicate CPD training in Financial Regulation.
Who Should Attend
The programme is ideal for Banks and Payment Institutions performing investment services as well as Investment Firms, in particular the job roles of:
- Personnel employed in the Brokerage/Dealing Department of Firms/Banks
- Portfolio Managers
- Compliance Officers
- Risk Managers
- Internal Auditors