The MiFID II series - An overview and latest developments
days to go
London Stock Exchange, London.
This fast-paced seminar aims to get participants up to speed with the main areas of impact arising from MiFID II and enable them to ensure compliance with the reforms.
This half day seminar, MiFID II - An Overview and Latest Developments, provides a general overview and update covering the breadth and scope of MiFID II, including aims and EU process as well as exploring other key topics including: impacts on investment firms (management arrangements, COB/best execution, product regulation etc) and on markets (transparency, market infrastructure, open access) and implications of rules relating to third country firms, together with the approach of the FCA and potential impact of Brexit. It also outlines the current UK implementation timetable.
Led by senior experienced analysts and by expert lawyers from City law firm Freshfields Bruckhaus Deringer, this fast paced course will get participants up to speed with the main areas of impact arising from MiFID II. With implementation taking place on 3 January 2018, there is much work to be done in order to ensure compliance with the reforms, which will be of significance to all those working in buy and sell side firms, and participating in markets. It will identify the key challenges you face, the impact they will have and the possible solutions for delivering a robust compliance strategy.
Who should attend?
This course is aimed at all staff working in MiFID investment firms, for market infrastructure providers and related service providers seeking a general overview on MiFID II. It aims to provide a concise basic grounding in the key aspects of MiFID II, to enable delegates to pin-point the areas likely to be of most significance to them.
CPD points: Each seminar attracts 3 CPD points.
08:45 - 09:00 Registration and coffee
09:00 - 09:30 Introduction
- Aim, scope
- EU process
- MiFID I review, post 2008 crash, Flash Crash 2010, Lehman Brothers, failings in corporate governance
9.30 – 9.50 Senior Management & Controls
- Quality and capacity of members of management bodies
- Compliance Function, complaints, conflicts
9.50 – 10.45 Conduct of Business and Investor protection issues
- Best Execution
- Investment advice and suitability
- Phone taping
- Product Governance
- Regulator intervention
- Reporting to clients
10.45-11.15 Coffee break
11.15- 12.00 Markets, trading and regulator issues:
- Market Structure & Trading Venues (MTF, OTF and SIs)
- Commodity Derivatives
- Pre & Post Trade Transparency Requirements – equity & non-equity
- Transaction Reporting
- Electronic Trading/DEA
- Third Country Firms and Open Access
12.00-13.00 Preparing for MiFID II:
• FCA timetable & approach
• IT systems
• Impact of Brexit
• MiFID II Reviews
• Forum- questions/issues