The April deadline for MIFID II costs and charges transaction reporting is rapidly approaching, yet many firms are still struggling to compile a compliant report.
The Financial Conduct Authority has found that most asset managers are interpreting the rules in different ways, with issues arising in the disclosure of third-party costs and charges. PRIIPS recommendations and the asset class average spread approach are leading to cost disclosures that are misleading to end-investors.
If these costs are represented to investors incorrectly, consequences can include more detailed investigations into specific firms, individuals or practices; which could lead to redemptions.
Our webinar will cover reporting rules in detail, so that you can avoid the same risk. We explain how you can produce a compliant report, and ensure it meets both regulators’ and investors’ needs.
Date: 21 March 2019
Time: 3PM (GMT)/ 11AM (EST)
Duration: 45 minutes
- Understand how MIFID II costs and charges will impact your firm.
- How to overcome the challenges the regulation presents, including applying the PRIIPS guidelines to accurately represent transaction costs.
- How to compile a compliant report, including case studies.
- Get your questions answered in a Q&A.