Thomson Reuters Reveals MiFID II Learning and Training Suite

Thomson Reuters has developed a suite of Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and compliance tutorials to help financial services employees understand the changing regulatory environment ahead of impending MiFID II deadline.

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Although many firms are aware of MiFID II obligations, at least to ensure compliance with upcoming requirements, if their employees don't fully understand its implications firms will fail to realize the true value of its ongoing adoption. Additionally, a company that was educated the effective methods of using the compliance solution will be sure that the most effective compliance processes are in place.

Reuters’ compliance education suite provides practical, interactive, and cost-effective compliance training courses that assist in supporting a culture of ongoing MiFID II compliance and clarify the complexity of the legislation.

Thomson Reuters' e-learning product also provides organizations with an arsenal of compliance learning content, which has been developed to cover four main areas. The first package targets the buy-side and provides a concise view of the impact on the sector’s core categories such as best Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and how different trading venues are defined, among many other tasks.

The company has also developed a dedicated course for the sell-side firms which offers deep insights about many relevant issues such as high-frequency trading and market making. In turn, the MiFID II Market Structure course explains the new trading venue types allowed after MiFID II takes effect, and the key differences in the operation of these trading venues.

Finally, the MiFID II International Reach course focuses on ‎the wide-ranging impacts of MiFID II outside of the European Union on trading, regulation and governance.

A Thomson Reuters spokesman commenting on the news: “The stark reality is that many institutions are not fully aware of all their MiFID II obligations and therefore do not yet have the most effective compliance processes in place. Our MiFID II e-learning courses address the many questions we repeatedly hear from our customers, which are not only relevant for the firms themselves, but also apply to the individual employees of those firms. We remain committed to providing a clear and effective comprehensive suite of solutions that make a measurable difference in enabling our customers to meet new and ongoing regulations. Our e-learning suite is the latest demonstrated step along that journey.”