MiFID II: Navigating the Regulatory and Operational Implementation Challenges & Best Execution

MiFID II: Navigating the Regulatory and Operational Implementation Challenges & Best Execution

The Markets in Financial Services Regulation and Directive (MiFID II) is part of the wider European Financial Services Action Plan. The main aim of creating a single market for financial services is to establish a stable, competitive and transparent financial services framework across the European Union. The MiFID II Directive and the Markets in Financial Instruments Regulation repeal and recast the Markets in Financial Instrument Directive, MiFID.

The legislation and proposals are aimed to strengthen investor protection by making markets more efficient and transparent. MiFID II introduces comprehensive changes across EU financial markets. There are changes to the scope of financial instruments, market structure, transparency, investor protect, while other changes are radical shifts to how firms are operating at the moment. Furthermore, the regulatory transaction reporting regime will be standardised across Europe under the Markets in Financial Services Regulation. The primary purpose of transaction reports is to detect and investigate suspected market abuse, insider dealer and market manipulation.

 

Expected Outcomes:

MiFID II is a far -reaching reform across European Financial markets, which will create new requirements for firms and fundamentally altering the structures of certain markets. Unlike MiFID I, certain aspects of MiFID II seek maximum harmonise across European markets. Implementing these changes will provide significant challenges for how firms operate. This one day workshop will introduce delegates to a framework which aims to identify safe ports while navigating uncertain regulatory and operational changes.

 

 

Attending this workshop will enable you to:

  • Explain the importance of these regulatory reforms, the key legislative changes and how they inter-relate with the wider regulatory agenda.
  • Explore key issues related to changes in the Investor Protection regime including conflicts of interest, inducements and investment research, best execution & product governance.
  • State a model to meet regulator’s expectations, identifying key risks for oversight of regulatory and operational risks.
  • Have an awareness of what lies beyond MiFID II go ‘live’ 3rd January 2018 for European Markets

Seminar Content:

  • Navigating MiFID II
  • Conflicts of Interest, Inducements and Investment Research
  • Best Execution
  • Product Governance
  • The Future of Regulation

 

 

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DATE: 14, 15 September

DURATION: 10 hours

CPD UNITS: 10

LOCATION: EIMF Premises, Nicosia

TIME: 09:00 – 14:30

FEES: HRDA eligible €300, non-HRDA eligible €470 (both + €89.30 VAT)

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Who should attend:

This workshop will be of benefit to anyone who is likely to be affected by the changes to be brought in by MiFID II, including senior management, project oversight and those employees responsible for embedding the changes into business as usual including regulatory risk, legal, compliance and operations.

Registration Form

The seminar is currently full and does not accept online registrations. If you want to be added to the waiting list please give us a call at 2227 4470 or email us at [email protected] 

In-House Training

If you would like to discuss bringing this or another topic to your organization on an in-house basis please call us at 22274470 or email us at [email protected].

Instructor: 

Vivienne Bannigan

Vivienne has a BA Jt Hons in Economics and Finance as well as an M.Econ.Sc in European Economics and Public Affairs and has gained professional qualifications in programme management. Additionally, Vivienne has over 17 years’ experience in the financial services sector, encompassing policy, operations, compliance and stakeholder and project management roles in leading industry institutions, including the Financial Services Authority (now the FCA), Royal Bank of Scotland and the BBA. Vivienne helps organisations and individuals develop the strategies and skills needed to address the regulatory, operational developmental and change management challenges they face. She has recently established her own company, Granuaile Limited, offering a fresh and unique approach to personal and organisational development. Additionally, Vivienne is currently studying Community Psychology at Brighton University.

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