MIFIR Transaction Reporting

Register Now

8 Jun 2018 London

Early Bird Offer until 31 of May £895 + VAT. Regular price 950 +VAT. Group discounts: 10% for 3 people.

Course Description

MiFIR Transaction Reporting course is a one day intensive programme delivered by an expert in the regulatory reporting aimed at foundation to practitioner level. The programme is designed in accordance with ESMA guidelines and provides a deep dive review and analysis of the key elements required by the FCA and ESMA. 

The programme is suitable for anyone involved in reporting, compliance and operations and includes many discussions, practical exercises and case studies. At the end of the course there will be a test performed to help participants consolidate their knowledge. Course certificates will be provided on completion. 

You may be also interested in one of the following programmes: 

What Will You Learn

By the end of this course you will: 

  • Understand the FCA and ESMA requirements for transaction reporting and how to stay compliant
  • Be aware of all the changes introduced by MiFID II
  • Understand the importance of correct classification and how to handle different scenarios
  • Learn how to report various financial instruments
  • Be aware of the governance and operational requirements 

Main Topics Covered During This Training

  • Changes between MiFID I & II and background to MiFIR
  • Review of changes in the Market Structure
  • Guidelines for transaction reporting
  • Looking at blocks and trading scenarios
  • Standards for reference data
  • Corporate Governance and organisational requirements

Who Should Attend

Professionals from banks and financial institutions involved in: 

  • Transaction Reporting
  • Compliance
  • Audit
  • Operations
  • Supporting functions 
Register Now

8 Jun 2018 London

Early Bird Offer until 31 of May £895 + VAT. Regular price 950 +VAT. Group discounts: 10% for 3 people.

MiFIR Transaction Reporting Course 

Background to the transaction reporting requirements 

  • Review of the previous MIFID I regulation, the thought process behind the change, the regulators and the drive for better transaction reporting. 
  • High level overview of main changes between MiFID I to MiFIR looking at areas of market structure, investor protection, conduct of business and the impact to transaction reporting
  • Scope of changes (who, what, when, why)
 
Review of Changes in Market Structure
 
  • Review of Exchange Traded vs. OTC
  • Review of changes to Market Structures (RM, MTF, OTF)
  • Review to changes to Systematic Internalisers
  • Reporting exemptions (inclusion and exclusion list)
  • Review of Financial Instrument changes within the scope of Market Structures
 
Guidelines on Transaction Reporting
 
  • Who is obliged to report, looking at different scenarios and analysis of reporting parties.
  • Definition of a transaction and exclusions (acquisition, disposal, nominal)
  • Definition of execution of a transaction (venue, systematic internalisers, branches, persons, algorithms and other scenarios)  
  • Reporting exemptions (inclusion and exclusion list)
  • A look at general principles, blocks, trading scenarios, financial instruments
 
General Principals
 
  • Trading Capacity and reviewing the impact on buyer and seller fields
  • Chains – impact of deal on own account vs. matched principal 
  • Implications of transmission of orders for buy-side
  • Review of identifiers for parties
  • Mechanics for reporting and submission process
 
Blocks
 
  • Understanding the importance identification of the following and a look at some case studies
  • Buyer/Seller (single vs. joint accounts)
  • Decision Maker of Buyer/Seller
  • Investment Decisions when made within the firm
  • Execution scenario (primary responsibility person vs. algorithm)
  • Trading venue (within vs. outside union, systematic internaliser)
  • Waiver (OTC post-trade vs. commodity derivative indicators)
  • Branch scenarios (executions done on behalf of, own account, EEA branches of a non EEA Firm)
  • Status of transaction reports, corrections, cancellations
 

Trading Scenarios 

  • Overview of Security Transfers and scenarios
  • Handling Investment Firms and Interposing scenarios
  • Dealing with Group Orders – impact of one market vs. several markets
  • Review of OTF
  • Review of Investment Firms under discretionary mandate from clients
  • Review of Direct Electronic Access
  • Review of Contract of Difference and impact of Hedging
Reference Data standards
 
  • Analysis on a field by field basis 
  • Instrument and Underlying Instrument identifiers
  • Identification of organisations
  • Identification of individuals
  • Reporting Specific Financial Instruments
            - Equity or equity like instruments
            - Bonds or other forms of securitised debts
            - Options
            - Contract for difference
            - Speadbet
            - Credit Default Swap
            - Swaps
            - Commodities based derivatives
            - Complex trades
 
 
Corporate Governance and Organisational Requirements 

The Course Director is an experienced leader, investment banking professional and subject matter expert with strong commercial acumen and over 18 years experience overseeing global business intelligence, regulatory programmes and data/predictive analysis science programmes across North America, EMEA, Asia and Emerging Markets for tier 1 Investment and Asset Management banks such as Deutsche Bank (Asset Management & Investment Bank), ABN AMRO Asset Management, UBS (Private Wealth & Investment Bank), Bank of New York Asset Management, JP Morgan Asset Management and HSBC Investment Bank, RBS Investment Bank and Amoo Venture Capital Advisory.

An SME across various regulations such as FATCA, CRS, CDOT, MiFID, MiFID II, MiFIR, BCBS, GDPR, EMIR and Derivatives expert, Simon has over 7 years hands-on experience consulting/advising in, implementing regulations (from back to middle to front office) and training senior banking and finance executives both on the business and IT sides. He has operated in different capacity from Programme Management, Senior Business Analyst to Business Architect working within change management and operating across front office, middle office and bank office with remit extending joint accountability with other team members for M&A governance, consortium management, branding & communications, trading & settlements and transfer agency technologies of £72 Billion Asset under Management. He has also served as a non-executive Director and Business Development Director to Amoo Venture Capital Advisory, advising and reshaping regulatory financial technology for start-ups businesses in need of seed capital of between $500 thousand to $100 million. 

MIFIR Transaction Reporting <p>MiFIR Transaction Reporting course is a one day intensive programme delivered by an expert in the regulatory reporting aimed at foundation to practitioner level. The programme is designed in accordance with ESMA guidelines and provides a deep dive review and analysis of the key elements required by the FCA and ESMA.&nbsp;</p> <p>The programme is suitable for anyone involved in reporting, compli ... 1528416000 London