Expected Outcomes:

MiFID II is a far -reaching reform across European Financial markets, which will create new requirements for firms and fundamentally altering the structures of certain markets. Unlike MiFID I certain aspects of MiFID II seek maximum harmonise across European markets including certain reporting requirements for example, transaction reporting. Implementing these changes will provide significant challenges for how firms operate. rtain markets. Unlike MiFID I certain aspects of MiFID II seek maximum harmonise across European markets including certain reporting requirements for example, transaction reporting. Implementing these changes will provide significant challenges for how firms operate.

Furthermore, the Markets in Financial Instruments Regulation (MiFIR) Level 1 text states, under Article 26(1), that investment firms that execute transactions in financial instruments shall report complete and accurate details of such transactions to the Competent Authorities as quickly as possible and no later than the close of the following working day, 23:59:59 UTC to be exact.

While the Markets in Financial Services Directive (MiFID) allowed Member States a degree of flexibility in interpreting the transaction reporting requirements into local law, the implementation of the regime under the Markets in Financial Instruments Regulation (MiFIR) will be directly applicable and binding to all Member States.

As such, this two day workshop will provide delegates with a high level overview of these changes and the risks that firms will need to consider while preparing for ‘day 1’ the 3^rd January 2018.

Attending this workshop will enable you to:

• Explain the importance of these reforms, the key legislative changes and how they inter-relate with the wider regulatory agenda.

• Describe the MiFID II regulatory process and timeframes for MiFID II implementation.

• Identify the key regulatory changes & challenges across MiFID II for firms including across market structures; transparency; investor protection and governance.
• Develop a framework to meet regulator’s expectations, identifying key risks for oversight of regulatory and operational risks.

• Have an awareness of what lies beyond MiFID II go ‘live’ 3rd January 2018  for European Markets

Seminar Content:

• MiFID II in Perspective
• Exploring the New World of Market Structure
• Greater Transparency Across Europe
• The Role of  Reporting in the new Regime
• MiFID Transaction Reporting
• MiFIR Transaction Reporting
• The Challenge of Implementation
• Operational Oversight & Assurance
• Regulatory Challenges and Governance
• Moving Forward

For a detailed curriculum, please download the Seminar Content on the right.

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 MiFIR Transaction Reporting, including senior management, legal, compliance and those employees at the coalface.