The European regulatory framework for the Markets in Financial Instruments Directive, known as MiFID16, was introduced in 1999.
Since then, the regulatory framework has been reformed to address new challenges identified after the first implementation of the regulation.
In particular, the new regulatory framework sets out limitations on the conditions for the provision of investment services, the operation of data service providers, the provision of transparency to the public, and the reporting of transactions to the competent authorities, among others.
Any player in the financial and investment industry should be familiar with the basic regulation of these products, and the new rules of the game established to operate in European markets under MiFID16.
In particular, you should become familiar with the so-called rules of conduct or rules that institutions and advisors have to comply with within their relations with clients in the provision of investment services.
In this course, we cover everything you need to know about:
- Context
- Classification of clients among professionals of small investors.
- Classification of financial products among complex and non-complex.
- Information to be collected by the financial intermediary
- The suitability test and the adequacy test
- Sources of information for investors
- Monitoring of investments
- Most common forms of Investment fraud and scams
After this course, you will have acquired all the basic legal knowledge needed to safely provide investing advice in the European Union.
