Training - MiFID II - Risk, Compliance, Regulations (FR)

How long does the training course last?

8,00 hours(s)

In which language(s) is the training course taught?

When will the next session take place?

Who is organising this training course?

Fondation créée en 2015 par la Chambre de Commerce et l’Association des Banques et Banquiers Luxembourg (ABBL), la House of Training est un organisme agréé de formation professionnelle continue qui s'engage à contribuer activement à la compétitivité et à l'attractivité du Luxembourg en développant les compétences de ceux qui font vivre son économie.

Who is the training course aimed at?

The persons concerned by the Training Programme are all persons placed under the authorityof a professional (or acting on his behalf) subject to prudential supervision by the CSSF, i.e.individuals providing investment advice (“Advisory profile”) or information (“Information profile”) on financial instruments, investment services or ancillary services to clients.

What are the aims or the skills being targeted?

This module is part of the MiFID II Certification.

What does the training course cover?

This module focuses on the risk, compliance and regulation aspects of the instruments covered in previous modules. As such, the specific topics in this section include:

Product governance processes under MiFID II – Target market assessment (with target market categories, client’s best interests rules, target market disclosures), Key points for product manufacturers (guidance notes, acquisition channels, etc.) and distributors (distribution strategies, third-country manufacturers, etc.), Proportionality (simple products, wholesale markets, secondary markets), Distributor feedback (aggregated/product-by-product feedback, non-advised sales), Portfolio diversification, Acquisition channels
Approval process - The approval process for each of the instruments mentioned above
Investor protection - The measures taken to protect the investors in each instrument type
Market transparency - A description of how transparent the market for each instrument is, i.e., does the investor understand how the market works
Risk management - The approach to risk management in the relevant market; the effectiveness of risk management
AML/CFT - Measures taken to prevent money laundering and financing of terrorism in the corresponding market; areas that still pose problems
Market abuse - Measures taken to prevent market abuse (e.g., insider trading, market manipulation) in the relevant market

What other information is useful to know?

Experienced professional specialists selected on the basis of their in-depth knowledge of markets, risk and compliance under MiFID rules I and II, and ESMA criteria.

Course material: English

Assessment and Certification: English or French