On 8 March 2018, the European Commission published its action plan on financing sustainable growth. This action plan has resulted in several laws and regulations aimed at making the European economy more sustainable. These include the Sustainable Finance Disclosure Regulation (SFDR) and changes to MiFID II. One of the changes is the introduction of an obligation to list the sustainability preferences of the investing client. This may sound simple, but in practice it is anything but.
In this e-learning we will guide you through the requirements around sustainability preferences in the suitability assessment. We cover the theory and provide practical examples that illustrate the implications for investment advice and asset management.
Target audience
The requirements regarding sustainability preferences deriving from MiFID II apply to all parties involved in investment advice and asset management, from investment firms to banks that provide investment services. This e-learning is therefore relevant to all professionals who work for these types of parties within Europe.
Education level
This is a training at higher vocational education (HBO) level. We assume that you have general knowledge of investing and the requirements of the Wft regarding suitability assessment.
Objective
This e-learning teaches you how to apply the new rules about the inventory of sustainability preferences in the suitability assessment. You will learn to:
Distinguish the concepts of sustainability preferences and sustainability factors;
Distinguish the different categories of sustainable financial instruments from MiFID II and SFDR;
Describe how Article 54 MiFID II is changing due to the introduction of sustainability preferences;
Describe the implications for investment advice and asset management;
Apply the new requirements to the inventory of sustainability preferences in client situations.
Course content
Baseline measurement
The e-learning starts with a baseline measurement to determine what you already know about the subject. Does everything look familiar? If so, you can go straight to the practical examples and then to the test. Do you have any doubts or is the subject new to you? Go through the theory first and then take the test.
Theory
Introduction
Background
Regulatory framework
Delegated Regulation 2021/1253
Articles 6, 8 and 9 SFDR
Article 54 MiFID II
Practical implications
Advice and management
Practical problems
Practical examples
Step-by-step plan
Practical examples
In the ‘Practical Problems’ section you will find short descriptions of practical problems you may encounter. For each problem an open question is asked. The model answer then gives direction on how you should respond to such situations.
The e-learning ends with a step-by-step plan to help you incorporate the client’s sustainability preferences into the portfolio or the advice.
Test MiFID II and sustainability preferences
You complete this course with a test in the learning environment. You can also take any resits in the learning environment.
Certificate
After you have passed the test you can immediately download your personal certificate from the learning environment.
Study load
You can follow the e-learning in our online learning environment, whenever and wherever you want. The e-learning takes between two and three hours to complete, depending on your previous knowledge of MiFID II.
Questions?
Schedule a Teams meeting
Do you have any questions about this training? Our learning specialists are happy to answer them. Schedule a Teams meeting with us now.
We think our courses should have practical relevance for all participants. We are happy to adapt our standard programs, so that they fit in with what is going on in your organization. You can personalize content or create a combination of subjects from different DSI programs. Read more about tour tailor-made solutions.
How can I follow the courses?
Our courses are easily accessible, both online and through the app of aNewSpring. You can study wherever and whenever you want.
Wealso offer ‘blended learning’ programs, in which we combine the benefits of in-class and online learning.
How can I sign up for a course?
The Ministry of Compliance distinguishes between individual registrations and registrations on behalf of an organization. As an individual, you can sign up through the website. Just click the ‘register’ button and you can get started right away.
Organizations that want to register several employees at once can get in touch with us. We will make sure your employees can get started as soon as possible.
What about reporting?
Demonstrable professional competence requires good reporting. That is why you can easily create and export reports within our online learning environment via a free accessible dashboard. As an individual participant you can keep track of your own progress. As an organization you can also appoint a contact person who has insight into the progress reports of the entire group of participants.
Who is behind The Ministry of Compliance?
The Ministry of Compliance is an initiative of Projective Group, specialists in financial laws and regulations. Our courses are developed by experienced consultants, supplemented with knowledge from external experts.
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