MiFIR Reporting Foundation Course

The MiFIR Transaction Reporting Foundation course will provide operations and compliance staff with an introduction to the new MiFIR Transaction reporting regulation and a thorough grounding in the basic reporting obligations.

This half day entry-level course provides a foundation for compliance and operations professionals who are involved with MiFIR transaction reporting. It’s a fully interactive course including an examination where a pass mark will confirm sufficient proficiency. All our courses are delivered by experts in the regulatory field.

The foundation course, which costs £600 (+ VAT) for Regulatory Reporting clients and £800 (+ VAT) for all others, provides training on all the essential elements in meeting the FCA’s transaction reporting requirements including:

Background to the transaction reporting requirements

• Why regulators need transaction reports
• Reasons behind the changes in transaction reporting
• Headline changes

Transaction Reporting Basics

• Who is obliged to report
• Definition of execution of a transaction
• Reporting exemptions
• Reportable instruments

General Principles

• Trading Capacity and impact on ‘buyer’/’seller’ fields
• Transmission of order – implications for buy-side
• Basic trading scenarios

Reference Data standards

• Instrument and Underlying Instrument identifiers
• Identification of organisations
• Identification of individuals

Field by field analysis

Systems & Controls over transaction reporting

• Legal obligation for firms to deliver complete and accurate transaction reports
• Reconciliation

There is an examination accompanying the course – this provides evidence that the candidate has reached an appropriate level of understanding. The exam needs to be completed on site at Paternoster Square, London.

• 19 January 2024 (1.00pm – 5.00pm)
• 8 March 2024 (9.00am – 1.00pm)
• 3 May 2024 (9.00am – 1.00pm)
• 4 July 2024 (9.00am – 1.00pm)
• 6 September 2024 (1.00pm – 5.00pm)
• 8 November (9.00am – 1.00pm)
• We can also schedule courses on demand – please email us with your requirements.
  

Zach has over 20 years’ experience working in the financial services industry across various roles in compliance and professional services. He has worked in the FCA’s Market’s Reporting Team and at UBS AG in compliance roles. At Kroll, Zach manages transaction reporting reviews and remediation projects across investment firms including investment banks, asset managers, wealth management firms, inter-dealer brokers and spread betting firms. Zach delivers the MiFIR Transaction Reporting Foundation and Advanced courses.