Objectives

The attendees will gain solid knowledge of the MIFID 2 rules applicable to Investment Fund Managers authorised to render MIFID investment services.

Content

1. Introduction – extent of the application of MiFID II to IFMs extended scope

• Eligible investment services and their particularities
• Operating conditions and organisational measures

2. MIFID II rules:

• Client categorization
  • MiFID definitions and other definitions
• Information to clients
  • dos and don’ts
  • costs and charges: transparency
  • costs and charges disclosures: MiFID vs. KIIDs/ PRIIPs
• Suitability & Appropriateness
  • nature of information to be gathered
  • record keeping
• Inducement
  • MiFID 1, UCITS and AIFM Directives
  • change and impact linked to MiFID 2
  • independent investment advice
  • investment research: historical set-up and 2 options of unbundling investment research
• Product governance
  • manufacturer and distributer
  • target market / EMT
• Reporting to clients
  • content and periodicity

• Best execution
  • main changes/ points of attention
  • policy
  • performance indicators (RTS 27 report, RTS 28 report)
• Record-keeping
  • requirements (format (do’s and don’ts), period of retention)
  • others (client order handling, service contract, etc.)

Speaker(s)

Nicolas Deldime (Partner, Arendt Regulatory & Consulting)

Target Group

Board members, daily managers, internal control functions, front/ middle/ back office persons involved in MIFID service rendered to clients.

Duration

4 hours 

Language

English

Price

500€ 

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