The Impact of Markets in Financial Instruments Directive (MiFID) on US Firms and Markets
Tuesday, September 24, 2019ISDA Conference CenterNew York
The Markets in Financial Instruments legislation has been in effect since January 2018 and the European Commission will engage a review of the framework in 2020. In parallel, the EU institutions will implement the Review of the investment firms regime (Investment Firms review – IFR), which is directly linked to MiFID and potentially affects the way US firms can access EU markets. Several consultations are expected in the next few months and Brexit is also likely to bring further challenge and change as firms are confronted by both an EU MiFID and a UK MiFID.
4 CLE Credit Hours Available (New York)
Transitional and Nontransitional
4 CPE Credit Hours Available
8:30 AM Registration and Continental Breakfast
8:45 AM Introduction and Welcoming Remarks
9:00 AM MiFID II & MiFIR 2020 Review
This session will discuss how the MiFID II/ MiFIR framework is likely to change. The focus will be on wholesale markets including reporting, data, systematic internaliser regime, transpareny and on how MiFID II/ MiFIR link with other EU legislation (e.g. EMIR).
10:15 AM Commodity Derivatives Position Limits: EU vs US
This session will examine the commonalities and differences between the US and the EU regime applied to commodity derivatives and the likely upcoming changes to the EU regime.
11:00 AM Coffee Break
11:15 AM Equivalence of Trading Venues and Investment Firms
The session will examine the options available to US trading venues and to US investment firms to access EU financial markets.
12:00 PM UK MiFID
A panel of experts will review the on shoring of MiFID by the UK and the implications for derivatives, including transparency, reporting and the derivatives trading obligation.
12:45 PM Conference Concludes
Agenda is subject to change.
ISDA Conference Center, 10 East 53rd Street (entrance on 52nd and 53rd Street), 8th Floor, New York, NY 10022, Phone: +1 (212) 901-6000. Please find a map to the venue here.
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