MiFID – Executive Overview

Day One

09.00 - 09.15 Welcome and Introduction

09.15 - 12.00 MiFID - Background and Overview

• What is MiFID?
• Historical Background
  • The Investment Services Directive (ISD-1)
  • The Financial Services Action Plan

Scope and Definitions

• Scope of MiFID and Its Implications
• Definitions and Glossary

Organisational Requirements

• Policies and Procedures
• Outsourcing
• Safeguarding of Clients’ Assets
• Conflicts of Interest

Rules for Conduct of Business

• Client Classification
• Information to Clients
• Best Execution
• Client Order Handling
• Reporting Information to Clients

12.00 - 13.00 Lunch

13.00 - 16.30 Markets and Transparency

• Regulated Markets
• Multilateral Trading Facilities
• Over-the-counter Markets
• Transaction Reporting

Authorisation, Passporting and Enforcement

• Authorisation
• Cross-border Services and Establishment of Branches
• Enforcement and Regulatory Cooperation

Business Opportunities and Implementation Issues

• Business Opportunities – Winners and Losers in a Post-MiFID World
• Implementation Issues

Evaluation and Termination of the Seminar