Webinars to Give an Overview of Regulations, How they could Affect City Firms and Communication Solutions by Interact
London, England -- (ReleaseWire) -- 08/21/2017 -- Interact Technology is pleased to host informative webinars on MiFID II. The Webinars titled "MIFID II and how Interact can help you comply" are to be held on:
20/09/2017 - 10:30 AM - 11:30 AM
10/10/2017 - 10:30 AM - 11:30 AM
25/10/2017 - 10:30 AM - 11:30 AM
The Markets in Financial Instruments Directive is a regulatory framework of EU Legislation, initiated to protect investors and to regulate the investment intermediaries who deal with financial instruments and collective investment schemes along with the venues where such instruments are traded. The regulation aims at increasing the transparency across the financial markets in the European Union; and standardizes any regulatory disclosures that are needed for operating in particular markets.
The directive was applied in November 2007 across the EU and is now amended to improvise on the overall functioning of financial markets in case of financial crisis as well as strengthen the measures for investor protection. The changes will take effect from January 3, 2018, under MiFID II. The changes include strict transparency rules, organized trading, firms shifting to regulated and multi-lateral trading platforms and call recording. One of the major changes is that of call recording. Any firm or individual who is involved in offering trading advice must record and store any mobile communication for 5 years.
This is where Interact Technology comes into place. The webinars are for all trading firms and firms involved in dealing with financial instruments and those who manage the venues where the instruments are traded. From January 2018, all the calls that are likely to influence a trade must be recorded and stored. The firms must also consider the implications or challenges that apps like Whatsapp might present them. Every firm or business involved in financial services must consider this change and must improve their communication systems so as to comply with the change. Through these webinars, Interact aims at offering suggestions and solutions that can be implemented so as to avoid potential issues before the new MiFID II regulations come into force.
To join the informative webinar and to book a place visit http://interact-technology.com/events
Interact Technology, http://interact-technology.com/ based in London, United Kingdom started in 2007 is a company that offers cost effective yet high-quality business communication solutions for various companies with different communication needs.
Address: 60 Cannon Street, London EC4N 6NP, United Kingdom
For more information on this press release visit:
Media Relations Contact
Kelly J. Post
Email: Click to Email Kelly J. Post