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MiFID II Best Execution Practical Workshop



For 3 registrations from the same entity, a standard 10% discount will apply. For over 4 registrations please contact us.


Start
May 19, 2021 3:00 pm
End
May 19, 2021 8:30 pm
Address
25 Megaron Street, 2032 Strovolos, Nicosia, Cyprus   View map
Phone
+357-22274470
Email
CPD Units
5
Duration
5 hrs
Fees
€180 + VAT

Schedule

Wednesday 19/05/2021 - 15:00-20:30

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Description

Event Details

 

Best execution is the achievement to provide clients with the best possible outcome for their transactions. Investment Firms need to take all necessary and sufficient steps to obtain the best possible result for the execution of the client orders, having due regard to the wider market in any relevant instrument.

 

“When establishing its execution policy in accordance with Article 27(4) of Directive 2014/65/EU, an investment firm should determine the relative importance of the factors mentioned in Article 27(1) of that Directive, or at least establish the process by which it determines the relative importance of these factors, so that it can deliver the best possible result to its clients.” – Recital 99 – DR 2017/565

 

The execution process must be reflected in an execution policy, which must specify the execution venues, and, where derivatives are concerned, must address and distinguish between Exchange Traded products and Over-The-Counter (OTC) products.

 

Best Execution as part of the Markets in Financial Instruments Directive Recast (MiFID II) aims to strengthen investor protection by making markets more efficient and transparent. In April 2018 the first set of reporting was delivered by firms.

 

 

Training Objectives

 

  • Understand the requirements deriving from Market in Financial Instruments Directive (MiFID II)
  • Apply Best Execution as per CySEC Law 87(i)/2017
  • Recognize Best Execution criteria
  • Construct a value-added Compliance monitoring programme via Best Execution checks
  • Update and refresh their knowledge of the regulatory developments and priorities, including the impact of RTS 27, RTS 28 and Professional Execution Policy
  • Share experiences with industry peers and raise issues of most concern to their organisation

 

 

Speaker
Andreas Savoullis

Andreas is the Regulatory Analyst of MAP FinTech, the winner of the best RegTech Reporting Solution Award at the Finance Magnates London Summit 2019, which is also included in the top 100 RegTech firms globally for 2020. He worked in the banking sector for several years mainly in the International as well as the Compliance department. In the last 5 years he in working in the financial sector with the last three years specializing in the Regulatory field. He is a holder of the CySEC advanced Certificate and has several publications in the RegTech Analyst, a leading intelligence platform for the global RegTech industry. He is also a holder of a Bachelor’s Degree in Business Administration as well as an MBA from the University of Nicosia. He was also awarded with the professional Banking Certificate from the American Banking Association.
See all courses by Andreas Savoullis