A. SEMINARS: MiFID Seminar: MiFID Update - The experience of 2009 and the challenges for 2010.  Speakers - Martin Moloney, Head of Market Supervision at the Financial Regulator and Kevin O'Doherty, Director and Peter Oakes, Managing Director of Compliance Ireland.  This important 90 minute presentation will be held on Thursday 18th February 2010 (8.00a.m. to 9.30a.m.) and featured important updates from the Financial Regulator and industry practitioners. Download the MiFID Seminar outline in PDF B. TRAINING COURSES: o        As always I have enjoyed the interactiveness of the course and the fact it was tailored to pinpoint the impacts on businesses (Funds Management – MiFID Attendee) When:  Tuesday 16th March 2010 Venue: Central DUBLIN City Venue Cost: €380 (no VAT)   CPD allowance:  Formal and Informal CPD:  max 4 hours (subject to your professional body's rules) Institute of Bankers: QFA - 2 hours, CPD Member - 2 hours, LCOI - 4 hours, CeB - 4 hours Insurance Institute of Ireland: 2 hours for CIP, CPD Members and LCOI ACII/FCII: This event can be used as part of your Chartered Insurance Institute (CII) CPD scheme requirement should you consider the content relevant to your development needs   Click to send a booking request    TO BOOK A COURSE SEND AN EMAIL to BOOKINGS@COMPLIANCEIRELAND.COM including the course name, course date, your name and contact details (including telephone number). You will receive an automatic response. Thereafter we will email you full joining instructions and an invoice detailing how to make payment. o       Good course 9/10 (Asset Management Company – MiFID Attendee) o       Excellent quality of slides 9/10 (Bank – MiFID Attendee) This half day course provides a practical, hands-on workshop on the Irish Regulations (S.I 60 of 2007) implementing MiFID Regulations and focuses on the key MiFID requirements and best practice.  On this page you will find information of MiFID taining courses and worskhops (public and in-house training).   The course will be delivered by experienced Irish professionals including - (i) an Irish regulatory lawyer, former FSA officer and former head of compliance; (ii) Irish regulatory accountant and former managing director of trustee/custodial services for one of Ireland’s largest funds companies.  Important: This course is delivered by practising Irish professionals for Irish senior management and professionals.  Like all our courses, we will examine MiFID issues from an Irish perspective. We do not adopt the ‘cut and paste’ approach favoured by overseas based training providers operating in Ireland. We act for many firms obtaining MiFID authorisation and we will share our experiences of the Financial Regulator’s requirements with attendees. The Financial Regulator is conducting MiFID compliance inspections in 2010 (see Strategic Plan 2008-2010, Annual Report and recent findings of inspections).   “There is no easy way around that other than putting a cold towel over your head and reading it and getting to know what’s in the Directive itself”  Con Horan, Prudential Director, Financial Regulator (Finance Magazine January 2007)   “The MiFID requires the Boards of Directors of MiFID firms to have appropriate governance and controls in place and to keep compliance under regular review”  Financial Regulator, Annual Report 2007   AIMS: Key aspects of the Irish Regulations implementing MiFID focusing on how these affect your business, client contracts/relationships, information technology systems, other systems and controls, compliance/risk/operational functions and outsourcers will be reviewed. The course will cover what you need to do to be MiFID compliant.   BENEFITS: By attending this course participants will gain critical knowledge on: a.       the scope of the MiFID Requirements iincluding all Regulations, laws and other Directives, rules and notices issued at local and EU level & transitional provisions b.       key differences between implementation in Ireland and other jurisdictions, c.       the impact on the business and new business opportunities d.       the positive aspects of MiFID, passporting and business growth potentials e.       achieving economies of scale - using MiFID data for the 3rd EU AML Directive and other internal risk maps f.         reviewing business and amendments to client contracts/terms of business g.       new client classifications h.       moving from private and professional client classifications to the new three tier level of classification i.         Irish 'MiFID' conduct of business rules and distinguishing between non-MiFID rules (e.g. Consumer Protection Code / UCITS) j.         understanding whether current products and services remain suitable under MiFID k.       What to expect and how to identify potential problems within existing client relationships l.         demystifying best execution and venue execution issues m.     abolition of the Concentration principle and the advent of centralised transaction reporting n.       pre- and post-trade reporting requirements o.       implementing appropriate outsourcing arrangements p.       reviewing service level agreements with TPAs and incorporating necessary changes q.       increased senior management responsibility across compliance, operations and risk functions r.        collective responsibility for failing to adopt a corporate compliance (MiFID) culture s.       individual personal responsibility for corporate and board failures t.         other issues/items/papers released by the Department of Finance / Financial Regulator before each training date (if a critical document is issued in between courses, all attendees will receive that material and an explanation of its impact) WHO SHOULD ATTEND: o        Directors (Executive & Non-Executive) o        Compliance officers o        Customer relationship staff & managers o        Heads of Risk o        Heads of Internal Audit o        Executive and Non-Executive Directors o        I.T. personnel o        Private Practice Solicitors o        Private Practice Accountants   To make a booking either click here to send a booking request or send an email to BOOKINGS@COMPLIANCEIRELAND.COM including your name, work address, phone & fax numbers. Don't forget to include the name of the course you are interested in attending and which date you would like to attend!   Continuing Professional Development Hours: Our courses are accredited by the Institute of Bankers (QFA, CPD Members, LCOI and CeB) and Insurance Institute of Ireland (QFA, LCOI, CIP and CFD Members).  Solicitors and Accountants may claim CPD hours from their membership bodies as may others with CPD requirements (e.g. CGAI). Formal and informal CPD hours vary depending upon your professional association’s rules. Please contact us (email@complianceireland.com) or your professional association if you have any queries on the amount of CPD hours that may be claimed for our courses.