A Master Class in Markets In Financial Instruments Directive II for BAs and PMs.
It is a common theme that your compliance and legal SMEs understand the regulation but not the nuances of delivery, where as the change SMEs understand the complexities of delivery but lack the regulatory knowledge. This course is aimed at bridging this disconnect between the Business and Delivery teams on MIFID delivery projects.
We are now into the last 365 days of delivery and this session helps attendees understand the regulation in light of delivery artefacts, a delivery plan and challenges. The aim is to help those working on these projects to evaluate their plans and strategy and provide guidance on how to overcome current delivery challenges.
UNDERSTAND THE NEW RULES BEING INTRODUCED UNDER MIFID II
UNDERSTAND THE TIMELINES FOR MIFID II
UNDERSTAND THE KEY COMPONENTS OF MIFID II
UNDERSTAND AN OVERVIEW OF A MIFID II DELIVERY PLAN / PROJECT PLAN REVIEW
CASE STUDY: IMPACT ASSESSMENT FOR AN INVESTMENT FIRM (BUY OR SELL SIDE)
CASE STUDY: OPERATING MODEL DESIGN – CONDUCT RISK/BEST EXECUTION
CASE STUDY: DEEP DIVE INTO A REQUIREMENTS REVIEW – CLIENT NOTIFICATIONS REQUIREMENTS & DESIGN
CASE STUDY: REPORTS – BEST EXECUTION REPORTING DESIGN – FIELD SPECIFICATION REVIEW
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.
Pure Knowledge Transfer
Deep Dive into the delivery artefacts
Small Classroom Sizes
Forum Discussions – Bring your own examples.
How MiFID II affects YOU.
The course is aimed at both the business and programme delivery space so those from the following should attend to benefit and understand the impact of MIFID II:
Change Management / Delivery SMEs