MiFID, the new regulatory framework directives will be effective on November 1st, 2007. At that date, MiFID will have created a structure for a pan-European market for investment products.

Cross Border trading in securities will be more accessible for international investors and institutions with a final objective: lowering the cost of capital for corporations.

Among challenges that MiFID deal with are:

1. Investors’ protection: best execution, information to clients, order handling, suitability, investment advices, inducement, conflicts of interest).
2. Deregulations: stock exchanges will compete with other players (electronic trading platforms, investment firms….)
3. Transparency

Nevertheless, beyond the purely compliance aspects, opportunities and the challenges appear.
For instance, systematic internalized business may develop.

To make our conference quite worthwhile, we have gathered elite speakers who will answer most of the questions the delegates would like to be addressed.

Among them:

• Best execution policy: what are the challenges for the compliance function?
• What would a post-MiFID financial world look like ?
• Passporting investment services across Europe: an opportunity for both large and small brokerages firms.
• How do banks set up an internal MiFID programme ?
• Which synergies can MiFID bring between all the departments of a global financial organisation?
• Extending best execution to the OTC market ?
• How can a financial intermediary becomes a systematic internalizer to enhance its business flows?
• Who will be the winners and losers of a MiFID controlled financial world.
• What impact will increased transparency have on market performances?
• How realistic are the targets and the goals set by MiFID?
• Will the buy-side dictate the progress of MiFID

Glossary

Please download programme.

With the best experts in MiFID ...

Mr Alan Jenkins

Bearingpoint - European Head of Mifid, United Kingdom

Mr Jean-Pierre Pinatton

Oddo & Compagnie, France

Mr Stéphane Janin

Association Française de Gestion Financière (AFG), France

Mr Jacques Bacri

Reuters France

Dr Andreas Fillmann

Squire, Sanders & Dempsey LLP, Germany

Mr Christian Simonet

Nyse Euronext, France

Mr Pierre-François Wéry

Audit & Compliance, Reviseur d'entreprises, Luxembourg

Mr Hermann Beythan

Linklaters Loesch, Luxembourg

Mr Christophe Wintgens

Ernst & Young, Luxembourg

Mr Paul Richards

International Capital Market Association, United Kingdom

Mr Cyril Lamorlette

Audit & Compliance, Reviseur d'entreprises, Luxembourg

Mr Hubert Grignon Dumoulin

Bourse du Luxembourg, Luxembourg

Mr Anthony Belchambers

Futures & Options Association, United Kingdom

Mr John Ahern

DLA Piper, United Kingdom

Mr Bob Fuller

Equiduct, United Kingdom