Objectives

The objective of the workshop is to present what MiFID best execution means “in practice” for institutions subject to the rule.

The implementation of the best execution is often a real technical challenge and is thus given into hands of specialists. It is however necessary to ensure a shared degree of minimum knowledge and understanding amongst the various stakeholders of an organisation in order to improve the overhaul governance of trading operations and their control.

Content

1. Definition of best execution and regulatory sources

• Definition
• Obligation of means vs Obligation of results (MIFID 2)
• Main requirement

2. Best execution policy - Content review

3. Best execution implementation

• Broker selection/ Committee
• Review per main categories of Financial instruments (equity, bonds, funds, derivatives)

4. Controlling best execution

• First line controls
• Internal control (compliance, risk management, internal audit)

5. Publication requirements

• RTS 27, RTS 28
• Policy

6. Best execution internal reporting
7. Best execution reporting on demand
8. Best execution governance (Review, validation)

Speaker(s)

Nicolas Deldime (Partner, Arendt Regulatory & Consulting)

Franck Chatillon (CEO and Founding Partner of Greenwich Dealing)

Target Group

This training addresses people working in portfolio management teams, trading teams, internal control departments and members of governing/ management bodies.

Duration

5h30 including a 1-hour lunch break

Language

English

Price

550€ (lunch included) 

Point of attention

The cancelation policy stated on the bottom of our page “training agenda” ("FAQ") applies.

For more  information, please contact us by e-mail at institute@arendt.com