MiFID Compliance – Key Areas & Lessons Learnt
Book by 30 Sep & Save £100!
We offer a unique opportunity to complete this programme remotely via a live virtual and interactive class on 19 Nov 2021 conducted by a senior City expert with over 18 years of practical experience working with some of the major financial organisations.
This one-day course conducted by a City expert provides a look at MiFID and its impact on Banks, Broker-Dealers and Asset Managers, from front to back office. You will learn about the key areas including the scope of the regulation, trade and transaction reporting requirements, investor protection, client reporting, charges and governance. You will also have a chance to explore the key learnings from implementation of MIFID II over the last two years, benchmarking against peers from the sell-side and buy-side, and resolution of any open questions.
We will also look at the following:
- Review the industry changes to Trade execution, Product Governance, Suitability, and trade and transaction reporting
- Understanding of the key impacts of research unbundling to US, EMEA and APAC institutions in scope, and the new research provider landscape
- Review the impact of PRIIPS, LGPS and other disclosures on MIFID II Costs and Charges and Client Reporting
- Understand the impact of Brexit and upcoming EU regulations (SFDR and ESG EU Regulations, IFR/IFD) on MIFID II
What will you learn
By the end of this training you will learn about:
- Regulatory Background
- Scope and Financial Instruments
- Trading, Execution and Market Structures
- Trade and Transaction Reporting
- Inducements and Research Unbundling
- Client Reporting and Costs and Charges
- Product Governance and Investor Protection
- Implications for EU and Global Investment Banks
- Implementation Process
You may be also interested in the following programmes:
- MiFIR & EMIR Reporting – Challenges & Lessons Learnt – NEW
- Regulations & Operational Compliance for Funds
- CASS – Managing Client Money & Assets
- Clearing and Settlement and Counterparty Risk
Register for any 2 courses at the same time and save extra £100! (in total, not per course).
Our online classes are so much more than just a webinar – they provide an interactive experience where you will be able to get your questions answered in real time by our senior experts and have discussions with other participants. You will receive a comprehensive set of course materials and course certificate on completion. And finally, you will benefit from savings on course fee and travel expenses, as well as on VAT charge if you are based outside of the EU.
Main topics covered during this training
- Regulatory background
- Trading and Markets
- Transaction Reporting Requirements
- Investor Protection
- MiFID II Scope
- Inducements & Research
- Cost and Charges
- Client Reporting
Who should attend
The course is aimed at the following professionals from asset and fund management, banking, consulting, exchanges and other businesses involved in MiFID:
- Heads of Trading, Investment, Portfolio Management, Research
- Heads of Operations, Investments and Business Risk
- Investment and Client Operations, Client and Regulatory Reporting
- Back Office Professionals
- Business Analysts
- Project Managers
- HR and Compliance
MIFID Compliance - Key Areas & Lessons Learnt so Far
Session 1: Regulatory Background
- EU Commission Objectives
- MIFID I, MIFID II, MIFIR and MAR
- Relation to other regulations – Dodd Frank, UCITS, AIFMD, EMIR, PRIIPS
Session 2: Trading and Markets
- Market Structures
- Execution Policy
- Market Transparency – Annual disclosures, Top 5 brokers/venues
- Trade Reporting: EEA vs non-EEA venues, RM, MTF, OTF, SIs
- Equity vs Non-Equity trades, LIS trades, APA integration
Session 3: Transaction Reporting
- MIFIR Reporting and Market Abuse Regulation (MAR) Monitoring
- LEIs, ISINs, UPI, personal identifiers, ARM integration
Session 4: Investor Protection
- Product Review and Product Approval Oversight
Session 5: Scope
- Entities and Markets in Scope
- Financial Instruments in Scope
- Implications for non-EU domiciled firms
Session 6: Inducements and Research
- Unbundling of Research from broker commissions
- Unsolicited research monitoring
- US Broker Dealer Soft Dollar Requirements
- RPA for Research payments
Session 7: Cost and Charges; Client Reporting
- 10% Depreciation monitoring
- EMT and EPT for MIFID II and PRIIPS Reporting
- Transaction Cost Analysis for Equities and Fixed Income
- Ex Ante and Ex Post Disclosures
Session 8: Governance
- Whistleblowing, Conflicts of Interest
- Knowledge and Competence
- e-Communication monitoring and telephone recording
The trainer is an industry advisor and regulatory expert with over 18 years of experience in investment banking, asset management and Regulatory Technology (RegTech). He is an industry expert in Financial Regulation, especially MIFID II, EMIR, CASS, SFTR, IFR/IFD, IBOR Transitions, SMCR, and ESG Regulations such as SFDR.
His recent key engagements include banks such as HSBC, Deutsche Bank, JP Morgan and Barclays and buy side firms such as Ruffer and Investec Asset Management. He is also a member and advisor of Industry association committees for regulatory consultations with bodies such as ESMA, FCA, PRA/Bank of England and SEC.
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If you attend one of our courses you will be entitled to a special discount for a year after the last course you attend with us. Also, if you have attended and recommended us to a friend, both you and your friend will receive a special discount. You will receive more information about it after you attend the course.
See our Customer Loyalty Discounts page for more details.
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You can, however, claim the VAT back by contacting UK tax office - HMRC, and filling the relevant form, as long as you comply with the following rules:
For Delegates coming from the EU countries
If you represent a registered business in another EU country, you can use the Refund Scheme to reclaim VAT you pay in the UK as long as all of the following apply:
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You can find some more information here. In order to claim the VAT you have to fill Form 65.
For the Delegates from Non EU countries
If you represent a registered business in a non-EU country, you can use the Refund Scheme to reclaim VAT you pay in the UK as long as all of the following apply:
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All our trainers have been working for many years in their respective sectors before they begun to teach so they bring a wealth of practical experience to the classroom.
Most of them used to work for 15 or more years in the financial sector and corporate world, and were holding positions of Directors, VP and Senior Managers. Some of them have published books and have written articles for specialised magazines and newspapers including FT, The Independent, The Times etc. You can find detailed biography of each trainer on the page of the course you want to register for.
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19 Nov 2021, Online / Virtual
Register by 30 Sep to save £100
Early bird price £775 + VAT
Regular price £875 + VAT
10% discount for 3 people. There is no VAT charge if you are based outside of the EU.
This topic can be arranged on in-house basis. If you have a group of 4 or more we can customise it and deliver in any location worldwide. Contact us to discuss your requirements