Training Objectives

By the end of the programme, participants will:

• Understand the EU Institutional decision-making process from the EC proposal stage on both legislative packages to ratification by the EU Parliament and Council
• Identify the various key provisions subject to revision under MiFID III and AIFMD II that will have a direct impact on the firm’s product governance framework
• Identify the new requirements under MiFID III and AIFMD II designed to strengthen retail investor protection
• Build an awareness of the alignment between MiFID and AIFMD rules on delegation of critical functions to third parties and third countries
• Understand the more stringent rules of setting-up a branch in another EU Member State to service clients in that jurisdiction
• Be capable of anticipating questions and queries by national and Pan-EU supervisors relating to the revisions to both packages

Training Outline

• Launch of the European Single Access Point (ESAP)
• Review of the European Long-Term Investment Funds (ELTIFs) Regulation to foster long-term investment, including by retail investors
• Review of the Alternative Investment Fund Managers Directive (AIFMD) to harmonise the rules related to funds that give loans to companies
• Review of the Markets in Financial Instruments Regulation (MiFIR) to improve transparency by introducing a “European consolidated tape” that will provide investors with easier access to trading data
• ESMA 2023 objectives on financial stability, orderly markets and investor protection
• EU Listing review to enable SMEs to raise capital across the EU
• The EU Retail Investment Strategy 2023

Who Should Attend

The course is addressed to:  

• COOs
• CFOs
• Directors
• Senior Managers
• Regulatory compliance officers
• AML Officers
• National supervisors
• Financial services trade bodies
• Chief legal officers
• Legal advisors
• Internal ITC specialists
• Chief data officers

Training Style 

The programme is designed to deliver high-level knowledge and insights into the EU financial services regulatory agenda and developments. It will strive to enhance participants’ skills and knowledge via lectures supported by power-point presentations and practical examples.  The training style is both training-focused, involving a combination of presentation and real-live examples, but also learner-focused, where participants are encouraged to raise questions, seek clarifications and share their opinions from their different perspectives and engage in an exchange of views and personal professional experiences.

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.