ΠΕΡΙΓΡΑΦΗ

In today’s regulatory environment, investment firms are expected to demonstrate not only compliance but also a genuine commitment to investor protection. This seminar focuses on the practical application of MiFID II product governance obligations, with a particular emphasis on Suitability and Appropriateness assessments. 

Participants will explore the regulatory expectations, supervisory focus areas, and industry best practices for ensuring that financial products are designed, distributed, and monitored with the client’s interests at the core. The session will also cover the preparation and delivery of PRIIPs Key Information Documents (KIDs), bridging regulatory obligations with real-world implementation challenges. 

Through case studies, interactive exercises, and compliance insights, participants will gain a clear roadmap for aligning their firm’s practices with MiFID II standards while fostering client trust and minimising regulatory risk.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the seminar, participants will be able to:

• Understand the full scope of product governance obligations under MiFID II.
• Learn the regulatory requirements for Suitability and Appropriateness tests.
• Recognise how to design and distribute products with a client-centric approach.
• Apply PRIIPs KID requirements in practice, ensuring clarity and transparency.
• Identify regulatory pitfalls and supervisory expectations highlighted by ESMA and CySEC.
• Learn how to build internal processes that link product governance with investor protection.
• Develop practical skills through case studies reflecting real-life supervisory outcomes.
• Understand how governance, risk management, and compliance functions interact in this context.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This seminar is suitable for:

• Compliance Officers and AMLCOs
• Risk Managers and Internal Auditors
• Product Governance Officers and Regulatory Reporting Specialists
• Front-office and Distribution Managers
• C-Level Executives and Non-Executive Directors overseeing governance and compliance

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline 

Introduction

• Purpose of MiFID II product governance rules
• Investor protection as a regulatory cornerstone

Product Governance Framework

• Key principles and ESMA/CySEC guidance
• Product design, distribution, and target market definition
• Roles of manufacturers vs distributors

Suitability & Appropriateness Assessments

• Legal and regulatory definitions
• When suitability applies vs appropriateness applies
• Common weaknesses identified by regulators

PRIIPs KID in Practice

• Key disclosure requirements
• Balancing regulatory compliance with client-friendly communication
• Case study: Reviewing and critiquing sample KIDs

Linking Product Governance to Risk Management

• Conflicts of interest and governance oversight
• Monitoring product performance and client outcomes
• Aligning front-office and compliance perspectives

Case Studies and Group Work

• Analysis of supervisory enforcement cases
• Practical exercise: Designing a compliant distribution chain

Closing Session

• Key takeaways and compliance checklist
• Q&A and open discussion

Training Style 

The seminar is delivered through a blend of short lectures, case studies, and group exercises. Real-life enforcement cases and supervisory findings are used to connect theory with practice. 

Participants will be actively engaged in scenario-based exercises and will receive actionable feedback and compliance checklists to implement in their organisations.

CPD Recognition 

This programme may be approved for up to 5 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.