ΠΕΡΙΓΡΑΦΗ

The introduction of sustainability preferences into the MiFID II suitability assessment represents a pivotal development for financial market participants, advisers, and product distributors. 

The financial services industry is experiencing a profound shift towards sustainable finance and the integration of Environmental, Social, and Governance (ESG) factors into investment strategies. In this context, the MiFID II (Markets in Financial Instruments Directive) regulatory framework plays a critical role making such as course crucial for professionals in the financial sector. 

The course will provide a comprehensive understanding of the regulatory landscape shaped by EU and Cyprus frameworks and the integration of clients’ sustainability preferences into investment advice. It explores the incorporation of sustainability factors, risks, and preferences within organisational requirements. By examining specific case law, this programme offers practical insights and real-world applications of these regulations. 

Participants will become equipped to navigate the evolving landscape of MiFID II and Sustainable Finance, ensuring compliance and effectively incorporating sustainability into their financial strategies. This course is essential for financial professionals, compliance officers, and anyone involved in investment advisory and asset management who seeks to align their practices with the latest regulatory standards and sustainability principles.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By attending this programme participants will be able to:

• Describe the concepts of sustainability preferences and sustainability factors.
• Describe how Article 54 of MiFID II is evolving due to the introduction of sustainability preferences.
• List the principles of Sustainable Finance Disclosures Regulation (SFDR)
• Name the different categories of sustainable financial instruments as defined by MiFID II and SFDR
• Identify the ESG obligation and SFDR/Taxonomy requirements surrounding sustainability preferences in the suitability assessment.
• Develop a practical roadmap for financial market participants to incorporate sustainability preferences into their advisory and reporting processes.
• Develop strategies for aligning investment advice with sustainability goals and preferences.
• Explain the implications of sustainability preferences for investment advice and asset management.
• Explain the significance of distinguishing between sustainability preferences and factors in financial services.
• Show how regulatory updates influence sustainability-related requirements for financial market participants

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Asset Managers and Investment Advisors
• Compliance Managers and Officers
• Legal Counsel
• ESG Analysts and Consultants
• Risk Management Specialists
• Investment Bankers
• Portfolio Managers
• Financial Analysts and Economists
• ESG and Sustainable Finance Directors
• Corporate Responsibility Officers
• Investor Relations Professionals
• Sustainability Officers
• Academics and Researchers
• Government Regulators

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline 

Background Theory on MiFID II & Sustainability

• Introduction to MiFID II: Essentials and Refresher
• The Big Picture: Policy Context of Sustainable Finance
• The EU Action Plan: MiFID ESG Suitability Requirements Specified by ESMA
• Cyprus Requirements: CySEC Framework
• The Purpose of Sustainability, Environmental Social Governance (ESG), and Sustainable Finance in the EU Framework

Video & Discussion: Navigating Sustainability Preferences under MiFID II

SFDR, the EU Taxonomy, and the Broader EU Regulatory Framework

• Sustainable Finance Disclosures (SFDR): Regulatory Aspects and Requirements
• Article 54 MiFID II: Implications for Sustainability
• The EU Taxonomy: Categorising Sustainable Activities
• Market Organisation and Product Guidance within Sustainable Finance
• Product Snapshot: Green and Social Products
• Revisions to AIFM and UCITS Directives and Their Effects on MiFID Rules

ESG & Distribution

• Sustainability Preferences: Integrating ESG into Distribution
• Product Categorisation: Insights into PRIIPs
• New Obligations: Corporate Sustainability Reporting Directive (CSRD) 

Case study & Discussion – Integrating sustainable preferences into MiFID II

Training Style

The training approach involves a combination of lectures, case studies, practical exercises, and interactive discussions to ensure a comprehensive understanding of sustainable development and corporate social responsibility concepts. Participants will gain both theoretical knowledge and practical skills applicable to real-world scenarios.

CPD Recognition

 This programme may be approved for up to 7 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.