PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Compliance LLC
 

Company Overview

Products & Services

Contact Info & Offices

Press Releases

Press Kits

Executives & Employees

Image Gallery

Compliance LLC

Service

 



View larger image


Markets in Financial Instruments Directive (MiFID): Implementation and Compliance Training
Price: N/A

Description:
Course Title
Markets in Financial Instruments Directive (MiFID): Implementation and Compliance Training

Objectives:
The seminar has been designed to provide with the knowledge and skills needed to understand and support MiFID compliance

Target Audience:
This course is intended for managers and professionals from:

* Compliance
* Operations
* Risk
* IT
* Legal
* Internal Audit
* Internal Controls
* Trading
* Portfolio Management
* Hedge Funds and Alternative Investments
* IT, Security and Management Consultants

This course is recommended for the directors, managers and professionals who require a clear understanding of MiFID and the changes in financial markets after MiFID

Duration:
3 Days, 09:00 to 17:00

Course Synopsis:

Introduction
*
European Union’s legislation: Directives and Regulations
*
The European Unions Financial Services Action Plan (FSAP)
*
Markets in Financial Instruments Directive (MiFID): A major step leading to the creation of a single European Market in Financial Services
*
The Investment Services Directive (ISD) that has been replaced by MiFID
*
From the ISD to MiFID: What is different now
*
From “core” and “non-core” investment services to “investment services and activities” and “ancillary services”

MiFID and the Lamfalussy process
*
Level 1: Framework Principles
*
Level 2: Implementation of Principles. Detailed Technical Measures
*
Level 3: Strengthening Cooperation Among Regulators
*
Level 4: Enforcement

MiFID: An Overview
*
From Know Your Customer (KYC) to Client Classification (CC)
*
Best Execution and Information to Clients
*
Order Handling
*
Suitability
*
Extended Passport: Services across Europe
*
Conduct of Business
*
Stock Exchanges compete with Trading Platforms and Investment Firms
*
Systematic Internalisers
*
Transaction Reporting across the EEA

Definitions and Scope
*
How MiFID extends the coverage of the Investment Services Directive
*
Exemptions and Optional exemptions
*
Definitions
*
MiFID and options, futures, swaps, forward rate agreements, and any other derivative contracts and “other derivative contracts relating to assets, rights, obligations, indices and measures”

Authorisation
*
Requirements and Scope
*
Relations with third countries

Operating Conditions for Investment Firms
*
On-going supervision
*
Conflicts of interest
*
Conduct of Business (COB) obligations
*
Obligation to execute orders on terms “most favourable” to the client
*
Client order handling rules
*
Tied agents
*
Transactions executed with eligible counterparties
*
Obligation to uphold integrity of markets, report transactions and maintain records
*
Monitoring of compliance
*
Obligation to make public firm quotes
*
Pre-trade transparency requirements
*
Post-trade disclosure and transparency requirements

Rights of Investment Firms
*
Freedom to provide investment services and activities
*
Establishment of a branch
*
Access to regulated markets

Regulated Markets
*
Organisational requirements
*
Admission of financial instruments to trading
*
Suspension and removal of instruments from trading
*
Monitoring of compliance
*
Pre-trade and Post-trade transparency requirements

Competent Authorities
*
Designation of competent authorities
*
Administrative sanctions
*
Extra-judicial mechanism for investors' complaints
*
Professional secrecy
*
Relations with auditors

Cooperation between Competent Authorities
*
Obligation to cooperate
*
Exchange of information
*
Powers for Host Member States
*
Exchange of information with third countries

MiFID and Corporate Governance
*
The impact of MiFID on corporate governance
*
The role of the board of directors and executive management

MiFID: The Interpretations
*
From the Directive to the Interpretations and the Technical Measures
*
CESR: The Committee of European Securities Regulators
*
CESR - MiFID Level 2 Expert Group
*
CESR - MiFID Level 3 Expert Group
*
Level 4 challenges

MiFID and the World
*
MiFID and the European Economic Area (EEA)
*
MiFID and countries outside the European Economic Area
*
MiFID and the Offshore Financial Centers (OFCs)
*
MiFID and the USA
*
MiFID and the Reg NMS: Similarities and differences between the Regulation for National Market System (Reg NMS) in the United States and the MiFID in EU

MiFID and other Directives
*
Interaction between MiFID and other regulatory initiatives
*
MiFID, Basel ii and the Capital Requirements Directive
*
MiFID and the 8th Company Law Directive
*
MiFID and the Financial Conglomerates Directive
*
MiFID and UCITS iii
*
MiFID and the 3rd Anti Money Laundering Directive of the EU
*
Using MiFID data for compliance with other directives

MiFID and Alternative Investments
*
MiFID and Hedge Funds
*
New challenge for Hedge Fund managers
*
Sophisticated onshore and offshore legal structures
*
A new pressure for Transparency
*
Minimizing regulatory, operational and compliance risks
*
MiFID and Mutual Funds
*
MiFID and mutual recognition of alternative investment products authorised under different regimes
*
Management and Administration of Alternative Investments inside and outside the European Union

MIFID: Tomorrow
*
Increased competition
*
Pre- and post-trade transparency
*
New risks and opportunities
*
Hedge Funds and Alternative Investments after MiFID
*
The “Fund of Funds” opportunity for regulators

Our Policy

Fixed fees, fixed terms. You know the exact final cost. Everything is included in this price (expenses, flights, tax etc.). There is no exception – you know exactly the cost. Consulting or training, it will never cost more.

Example: For George Lekatis, General Manager and Chief Compliance Consultant of Compliance LLC.
Fee for Training: US$ 9,800 for 3 days (and $ 2,000 for each additional day) - final cost (any place in Europe, Asia or America, for teams from 2 to 50). This fee includes tax, expenses, hotels, flights, everything.
For other trainers the fee may be different.

Promote Your Business