Mifid II - the next stage of the Markets in Financial Instruments Directive - is just a couple of weeks away from implementation.
This wide-ranging piece of European Union legislation is set to usher in greater transparency around costs and charges, better product suitability and tighter consumer protections when it comes to trading investments listed on exchange.
However, there will be things advisers will have to know from day one, such as how to ascertain how charges disclosure will affect fund recommendations, and to understand how Mifid II will underscore suitability and the advice process.
It will also affect the way in which corporate and retail investors trade instruments such as exchange-traded funds on exchanges, and if any recommendations are made over the phone or online, then advisers must be keeping accurate records of such recommendations.
This report, from FTAdviser and Talking Point, will outline some of the many changes being brought in on 3 January 2017 when the legislation comes into force.
It will give a broad-brush outline of the various elements that affect the retail investment advice process and particular areas to which advisers should pay more attention.
This report qualifies for an indicative 40 minutes' worth of structured CPD.