REGULATION

Buy-side urged to form ‘blueprint’ ahead of MiFID II

IHS Markit and The TRADE will host an industry event to arm the buy-side with tools for MiFID II compliance.

By Editors editors@thetradenews.com September 05, 2017 11:30 AM GMT

The buy-side has been inundated with delegated acts, consultations and guidelines for months ahead of MiFID II, but is being urged to act now or risk missing the deadline.

IHS Markit and The TRADE have teamed up to host an event designed not to educate, but arm you with the practical tools and solutions to ensure your firm is MiFID II compliant.

During the event you can expect to hear more about practical approaches to complying with the new research payment requirements as well as achieving compliance with RTS 28.

In April 2018 European investment firms will be required to publish their first ever disclosures about quality of trade execution, under the guidance of MiFID II’s RTS 28.

At first glance, it would appear ESMA has attempted to make the task more achievable by limiting the scope of the disclosure to documenting the top five trading venues used by an investment firm.

However, some aspects of the rule could potentially create a ‘logistical headache’ for investment firms.

Indeed, for small firms with uncomplicated trading, compliance with the rule will be relatively straightforward, but as a firm’s activity increases in complexity, so does its reporting obligation.

If you want to explore the next steps for MiFID II then sign up today or watch this video to hear more.

Hosted at the IHS Markit HQ in the heart of London on Ropemaker Street on Thursday 28th September, the MiFID II: A blueprint to follow will delve into tangible compliance solutions and explore the next steps you need to take.

To register to attend, please click here