MiFID – Markets in Financials Instruments Directive
What will change, and what won't? The MiFID training series prepares you for the changes to come. MiFID Start conveys fundamental knowledge regarding the directive guidelines.
With the Markets in Financial Instruments Directive (MiFID), the European Union has created one of the most comprehensive sets of regulations ever for the financial sector. The MiFID is seen as the new basic law of the European financial markets, and it sets the rules for business relations between customers and banks. All businesses that offer services in the securities and financial markets, as well as other related follow-up activities such as security settlement and clearing, are affected.
The extensive regulations of the MiFID directly influence numerous business processes and require broad changes in the working procedures of your staff. Significant aspects of the MiFID include stricter rules of conduct in investment counseling and the management of conflicts of interest or business incentives. Create clarity and understanding in your company by ensuring that your staff is well-informed on which business areas are going to be affected — and to what extent — by the new regulations.
In Germany, through the Financial Instruments Directive Implementation Act (FRUG) the MiFID has now been integrated into the German Securities Trading Act (WpHG), the German Exchange Act (BörsG) and the Banking Act (KWG). Thus, the MiFID regulations are still as relevant as ever in the daily practice of investment counseling.
digital spirit and Severn Consultancy have developed a training series that gives comprehensive support during the implementation of the MiFID. Our MiFID training products offer all-around service: from the initial MiFID information through status analysis to employee training.
The training series includes the following modules:
- MiFID Start: conveys the essential basic knowledge for the implementation of the MiFID in your firm.
- MiFID eConsult: analysis tool to determine the current extent that the MiFID has been implemented in your firm.
- MiFID-Conform Investment Counseling: well-founded, essential knowledge for competent investment counseling.
With the MiFID training series from digital spirit and Severn Consultancy:
- the complex content is presented clearly and understandably,
- the conversion of the MiFID is simplified,
- you save both time and costs in the implementation of the MiFID, and
- your customers benefit from the knowledge of your well-trained staff.
Would you like to learn more about our MiFID training series? Click here to download further product information.
