CISI, Thomson Reuters partner for MiFID II seminars

Such is the demand to better understand the implications of MiFID II, the Chartered Institute for Securities and Investments (CISI) has announced it has joined forces with Thomson Reuters to deliver a seminar series across the UK outside its core CPD programme.

The European MiFID II directive takes effect on 3 January 2018, and will place significant new burdens on manufacturers, distributors and financial practitioners in the asset management industry.

CISI’s seminar series – MiFID II: Preparing for January 2018 and Beyond – will specifically cover key topics, including:

  • Regulatory expectations under MiFID II
  • Adapting to changes in the investment research process
  • Product governance and client suitability
  • Meeting transparency and disclosure obligations
  • Project managing MiFID II implementation

The UK seminars take place in London (3rd October), Edinburgh (12th October) and Manchester (16th November).

Additional venues and speaker details will be announced shortly, CISI said.

The decision to work with Thomson Reuters on delivering the series was taken because the media and data organisation has existing insight into the MiFID II requirements, CISI said. Additional perspectives will be provided by lawyers, financial practitioners and the regulator, said Alex Xavier, CISI assistant director, Member Services.

MiFID II was brought into being by the fallout of the global financial crisis sparked in 2008. This highlighted weaknesses in the original MiFID legislation, and led the European Commission to propose subsequent additions to the legislation in four key areas:

  • strengthen investor protection
  • reduce the risks of a disorderly market
  • reduce systemic risks, and
  • increase the efficiency of financial markets and reduce unnecessary costs for participants

Originally intended to be introduced in 2017, a delay of a year was implemented because of the technical difficulties in implementing provisions of the proposed legislation, especially following technical standards work involving the European Securities and Markets Authority (ESMA) and feedback from the financial industry.

Further information on the directive rules is available from the European Commission website, which may be viewed by clicking here.


Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 16 years he has been based in London writing about funds and investments . From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope.

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