This course provides a detailed examination of Inducements and Research Unbundling under MiFID II, one of the most transformative regulatory changes affecting investment firms and asset managers in the European Union. Implemented in January 2018, MiFID II sought to enhance transparency, strengthen investor protection, and eliminate conflicts of interest by requiring firms to separate research payments from execution costs. Participants will explore the rationale and objectives behind unbundling, its impact on asset managers, brokers, and research providers, and the compliance obligations that accompany it. The course also covers practical aspects such as setting up Research Payment Accounts (RPAs), negotiating research agreements, and adopting technological solutions for reporting and monitoring. Through case studies and an analysis of post-MiFID II market trends, learners will develop the knowledge and tools necessary to ensure compliance, adapt business models, and leverage transparency as a source of competitive advantage.
- Teacher: Curator to be announced soon