Learning outcomes:

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

Who is the course for?

This l course provides a foundation for compliance and operations professionals who are involved with MiFIR transaction reporting. 

Modules:

The foundation course 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 Principals 

• 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 

Trainer Profile:

Please contact info@ifsskillnet.ie for more information on training providers.