AML and MiFID II: From Theory to Practice

AML/CTF updated law as well as MiFid 2 regulatory framework have been introduced during the first semester of 2018 with extensive requirements compared to previous versions of relevant regulatory obligations. Investment firms found themselves in the need to anticipate all these requirements with enhanced personnel training and upgrade of existing internal control mechanisms  in order to face as efficiently as possible the new challenges that may lead to a change of their entire business model.

Learning Objectives

Learn how PRIIPS and Delegated Regulations affect:

• What is assumed to be a PRIP
• Information for Financial Instruments – KID
• Costs and Charges

Understand Regulatory requirements for:

• Appropriateness Test
• Suitability Assessment
• Reporting to clients

Recognize how European Supervisory Authorities guidelines affect:

• Anti-money laundering measures and Risk-Based approach

Recognize how MiFID II and Delegated Regulations affect:

• Safeguarding of client assets
• Investment Research
• Investment Advise
• Portfolio Management
• Best Execution and its reporting requirements

Seminar Content derives mainly from

• 4 AMLD and Provisions of 5th and 6th
• MiFiR – Regulation (EU) 600/2014
• MiFID II – Directive (EU) 2014/65
• PRIIPS – Regulation (EU) 1286/2014
• Prevention and Suppression of Money Laundering and Terrorist Financing Law
• ESAs guidelines adopted by CySEC
• ESMA Q&A – investor protection topics

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 and AML requirements, including senior management, legal, compliance and those employees at the coalface.

Style and timing

This seminar is designed to be participative throughout. The agenda will combine key formal presentations, case studies, and syndicate discussion sessions. There will be ample opportunity for delegates to benchmark experiences with industry peers and raise issues of most concern to their organization, either confidentially or in open session.