A Master Class in Markets In Financial Instruments Directive II
UNDERSTAND THE KEY CHALLENGES WHEN INTERPRETING AND IMPLEMENTING THE NEW RULES BEING INTRODUCED UNDER THE MARKETS IN FINANCIAL INSTRUMENTS DIRECTIVE II PACKAGE
The European banking industry has been anxiously awaiting confirmation from the European Commission of the MiFID II implementation deadline. With the original proposal released in October 2011, and finalised in 2014, the intended implementation date was January 2017. In February 2016, this was revised to January 2018, and financial institutions have begun to mobilise an immense industry-wide initiative to identify the key compliance challenges and change ‘hot spots’, in order to plan and resource their own change programmes.
Forte Markets has organised this workshop to help delegates to understand, with Financial Institutions now engaged in full-scale implementation planning for MiFID II and MiFIR, key questions and challenges being faced. Much of the finer detail of the rules will be contained in the Technical Standards from ESMA and Delegated Acts from the European Commission, which are still being finalised.
The impact to infrastructure and technology is of serious concern to all in- scope firms. Critically, the broader scope of the revised MiFID package will affect a far wider range of firms and products, meaning for some these changes will not be incremental developments, but an entirely new regulatory regime.
The urgent priority for all Financial Institutions, irrespective of size or business model, is to ensure the impact is understood and assessed immediately, with agendas and budgets aligned to compliance by January 2018. This workshop is designed to enable participants across the Financial Industry, from Compliance, Audit, Front Office, Treasury, Change and IT fields, to come together to understand the contents of these regulations, how their peers are implementing, and what challenges they face.
This workshop aims to raise awareness and understanding of the new rules introduced by MiFID II and MiFIR, and to highlight the key challenges that are being identified across the industry through the many ongoing delivery programmes.
View Course Brochure/Full Programme using the following link;-
Financial Markets and Regulatory Consultant
Targ is an accomplished business change and regulatory consultant who has helped financial institutions initiate and deliver major change to meet rapidly evolving regulatory standards.
Please note Refreshments and Lunch are included in the cost for this event.
Forte Markets is a market leading provider of Banking and Treasury Risk Management Training, operating in the UK and Middle East. Our courses are practitioner designed, led and delivered, using industry professionals at the top of their field.