The partners of the Norton Rose Fulbright LLP financial services team invite you to their latest breakfast briefing.
Our breakfast briefings provide insight, practical knowledge and information, and act as a forum for sharing views and advice.
The briefings are likely to be of particular value to senior and middle management within financial institutions with responsibility for compliance, capital markets, investment management, legal, risk and trading.
The European machine has been working on reforms in the wealth management industry. Top of the list are the new disclosure regime for Packaged Retail and Insurance-based Investment Products (PRIIPs) and the revision of the Markets in Financial Instruments Directive (MiFID II). Among the many concerns expressed by wealth managers on MiFID II is what they will do to comply with new rules governing how investment research is paid for. Other concerns revolve around the new level of transparency for costs and charges. In addition, most of the provisions of the Benchmarks Regulation will apply on 1 January 2018 and this extremely complex piece of EU legislation has implications for administrators, contributors and users, all of whom must certify to the FCA their compliance with the new regime. Closer to home wealth management firms are considering the potentially far-reaching implications of the FCA asset management market study.
- PRIIPs: understanding key investor information documents
- MiFID II: your guide to investment research
- Benchmarks Regulation: what you need to know
- The FCA asset management market study: what we have seen so far
The briefings count towards SRA continuing competence. There is no charge for attending.
The briefings will be recorded via webcast and are available after the briefing.
For further information please email: firstname.lastname@example.org