Training Objectives

Upon completion of the programme participants will be able to:

• Understand the regulatory requirements for manufacturing and distributing financial products
• Distinguish between the responsibilities of manufacturers and distributors of financial products
• Identify which products are affected
• Comprehend the compliance requirements for the various professionals involved
• Examine the various stages of product governance
• Identify a product’s target market
• Identify PRIPS products and the need for having a KID
• Examine the main components of a KID and the required content

Training Outline

Product Governance

• Responsibilities of manufacturers and distributors
• Product stages and product features
• Risk assessment, fees, conflicts of interest
• Positive and negative target markets
• Distribution and marketing

PRIPS / KID

• Types of PRIPS (Packaged Retail Investment Products).
• Key Information Document (KID)
• Risk-Reward Profile
• Organizational requirements
• Recommended actions / Compliance
• Components of the KID
• Preparation of a KID

Who Should Attend

This programme is ideal for professionals working in the Financial Sector, such as:

• Investment Advisors and Customer Support Personnel
• Portfolio Managers and Designers of Investment Products or Strategies
• FinTech professionals selling Products & Services
• Professionals working in Compliance and Risk Management
• Other Management, Administration, Marketing and Technical staff
• Corporate lawyers, Accountants, and Consultants

Training Style

This workshop is designed to enhance the participants’ knowledge of the topic through a combination of key formal presentations, practical examples and discussions.

There will be ample opportunity for participants to compare experiences with industry peers and raise issues of most concern to their organisation, either confidentially or in open session.

Participants will also receive the presentation handouts and transfer the knowledge gained to their workplace.  Overall they will gain considerable insights to better compliance with the MiFID II Product Governance Directive and Regulations including detailed information about PRIPS and the KID preparation.

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.