MiFID II Best Execution
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
- Definition of best execution and regulatory sources
- Definition
- Obligation of means vs Obligation of results (MIFID 2)
- Main requirements
- Best execution policy – Content review
- Best execution implementation
- Broker selection/ Committee
- Review per main categories of Financial instruments (equity, bonds, funds, derivatives)
- Controlling best execution
- First line controls
- Internal control (compliance, risk management, internal audit)
- Publication requirements
- RTS 27, RTS 28
- Policy
- Best execution internal reporting
- Best execution reporting on demand
- Best execution governance (Review, validation)
Speakers
Our speakers belong to both our specialised and complementary teams and as such, cover all legal, regulatory, taxation and advisory aspects of doing business in Luxembourg. We invite you to check our training agenda where the speakers are listed on each training session.
Target Group
This training addresses people working in portfolio management teams, trading teams, internal control departments and members of governing/ management bodies.
Duration
4,5 hours (customised format)
Language
English, French (customised format)
For more information please contact us by e-mail at institute@arendt.com