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Thomson Reuters MiFID II
Will you data get you over the line?

Will your data get you over the line?

MiFID II Events

Upcoming Events

Data Management Summit (DMS) London – March 15th 2017

Register now to hear the industry's top thought leaders discuss the latest hot topics on reference data and data management, data governance and regulatory compliance across buy-side and sell-side financial institutions.

 

15.10 Panel: Tackling MiFID II Data Transparency, Publication and Reporting Workflow Challenges & Beyond

MiFID II requires market practitioners to acquire, process and publish an array of market and referential content; in addition to implementing compliant trade reporting, best execution & transparency workflows, policies and procedures this market panel aims to outline how the market is addressing this challenge and what best practice looks like:

  • How are firms acquiring, processing and normalizing all relevant data in order to develop a transparency overview and publish their positions?
  • What regulatory reporting workflows are firms putting into place in order to report their MiFID II related transactions?
  • What best execution data workflows, tools and procedures are firms using to ensure they are compliant with MiFID II?
  • How are firms tracking and analyzing changes in related market legislation (national or supra-national) and ensuring they remain compliant?
  • What do regulators expect firms to have in place by Jan 3, 2018?

Chairman: John Mason, Global Head, Regulatory Content Propositions, Thomson Reuters

Panel Members: TBC

Sponsored by Thomson Reuters

MiFID II: Data for best execution – January 26th 2017

MiFID II strengthens the best execution requirement embedded in MiFID by expanding disclosure. Among the directive’s requirements are provisions to ensure investment firms provide appropriate information to clients on their order execution policy and publish a list of the top five execution venues used in the previous year for each asset class. With a strengthened regulatory requirement comes the need to manage more and more complex data to achieve and demonstrate best execution.

MiFID II: Data for transparency – February 23rd 2017

MiFID II makes sweeping changes to pre- and post-trade transparency, extending MiFID requirements limited to equities trades on regulated platforms to cover equity-like and non-equity instruments traded on any trading venue. It also requires trade data to be published through approved arrangements and made available on a consolidated tape. Achieving this level of transparency will be a significant challenge for financial institutions that must source and manage large volumes of data to ensure compliance.

MiFID II: Data for transaction reporting – March 23rd 2017

MiFID II is complemented by Markets in Financial Instruments Regulation (MiFIR), which builds out transaction reporting requirements with a number of new reporting obligations. The data and data management challenges of reporting include an increase in instruments that must be reported and the addition of several new fields to transaction reports. The Legal Entity Identifier (LEI) is also mandated for use in reporting.
*Dates are provisional and subject to change