The EIMF Live Online Learning Experience
Participants will receive access to the recorded sessions of the course.
EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more
Product governance is probably the most important new subject area for financial services professionals in the EU. It finally entered the regulatory vocabulary at European level with the implementation of MiFID 2, closely followed by that of the Insurance Distribution Directive’s own provisions on the subject. ESMA has already intervened in the marketing and promotion to retail customers of binary options and contracts for differences and Cyprus and other European countries have responded to the ending of the ESMA measures by implementing their own version of this in autumn 2019.
MiFID 2 and IDD product governance has two distinct parts. Firstly, the structures that firms need to be able to deliver effective product governance, the “arrangements” and “procedures” required both to launch and review products. These include looking at the composition of product governance committees and the role of both compliance and senior management. With this comes some core risk management activities and approaches, designed to ensure that the committee or arrangement performs its functions in the right way.
Secondly, there are a series of tasks which manufacturers and distributors have to perform as part of product governance generally and the creation and review of products in particular. Identifying target markets, designing the product, testing it, deciding how to distribute it and selecting who is going to do the work are all part of the governance process. Manufacturers and distributors perform different roles here and this course explores those differences.
By the end of the programme, participants will be able to:
Product governance under MiFID and IDD
Who Should Attend
The programme is ideal for:
The training style is interactive involving a combination of discussions and presentation, group work and case studies (taken from real-live examples).
Participants are encouraged to share their opinions from their different perspectives. The trainer, Adam Samuel is a UK-based complaints and compliance expert. He brings to our courses his experience and knowledge of the UK and the subject-area generally as well as an unquenchable enthusiasm for learning how the rest of Europe and in particular Cyprus handles things. He brings to every course a string of practical examples and welcomes people bringing along their case studies and examples.
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.
For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.
€200.00The above fee is subject to 19% VAT
20 in stock
Day 1: November 07, 2022 | 09:00-11:45
Day 2: November 09, 2022 | 09:00-11:45
Start time: 09:00 EEST
End time: 11:45 EEST
Venue: Live Online
Coordinates: 5 | Duration: 5 hrs
Directions: <a href="https://eimf.eu/event-organizer/adam-samuel-organizer/">Adam Samuel (view the trainer's bio here)</a>