MiFID II Compliance with CSS

A comprehensive suite of regulatory data solutions for fund managers and distributors

Firms across the breadth of the investment management and distribution landscape have faced a new and onerous set of challenges since January 2018 when MiFID II came into force. Our suite of products help you to reach MiFID II compliance while ensuring that you can continue to sell your funds and service your clients without interruption, whatever your place in the fund and investment management chain.

MiFID II will have multiple impact areas for both product manufacturers and distributors, affecting governance, controls, operations, technology, infrastructure and client/partner relationships. For the investment industry and its distribution network it can be divided into two key parts:

Regulatory reporting:

The regulations usher in a new era of market and infrastructure transparency, and with it a more consistent application of reform across Europe, along with an extension of scope from the original MiFID equity coverage to include non‐equity markets such as fixed income and OTC derivatives.

New pre- and post‐trade reporting, along with T+1 transaction reporting, will become mandatory and will lead to new publication entities emerging as authorised APAs (Approved Publication Arrangements) to support near real‐time, post‐trade reporting. T+1 transaction reporting will operate either directly through the local National Competent Authority (NCA) or via an authorised Approved Reporting Mechanism (ARM).

Investor protection:

MiFID II aims to remove conflicts of interest that arise through commission payments and inducements, with greater transparency on the use of client money.

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CSS frequently publishes blog posts which are written by our team from their observations in the field, at conferences and through experiences with compliance professionals. These posts are designed to further knowledge and share industry best practices. Topics run the gamut, including Form ADV, cybersecurity, MiFID II, position limit monitoring, technology challenges and more. Complete and submit the brief form below to receive notifications when we publish new content.

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