A tailored course, built for your situation
Sources and specific examples on hand when peers push back on MiFID II alignment
A tailored course to strengthen your reasoning, not just your compliance
$199 one-time
24-hour access provisioning
30-day money-back guarantee
Hand-built implementation playbook
12 modules. 12 chapters per module. 144 chapters total.
12 modules, each with 12 chapters (144 chapters total), text-based, plus downloadable templates and a hand-built implementation playbook delivered alongside course access.
Who this is for
Senior Business Analyst in financial services regulation, operating at the intersection of compliance and implementation
Who this is not for
Entry-level analysts looking for introductory MiFID II overviews, or technical developers implementing reporting logic without decision context
What you walk away with
- Access to annotated ESMA guidelines with cross-references to national regulator interpretations
- Line-by-line breakdowns of transaction reporting decisions under MiFID II Article 26
- Real-world examples from peer institutions justifying position-taking on trade transparency thresholds
- A personal repository of defensible rationales for recurring compliance disputes
- Ability to pre-empt and resolve cross-functional disagreements using source-backed logic
The 12 modules (with all 144 chapters)
Module 1. ESMA's the current cycle Q&A updates on MiFID II
Understand the latest technical clarifications and how they affect transaction reporting obligations. Focus on practical interpretation over abstract compliance.
12 chapters in this module
- Scope of financial instruments covered
- Definition of systematic internaliser
- Transaction reporting timing rules
- Post-trade transparency waivers
- Lit and dark pool distinctions
- Order routing disclosures
- Reference data standards
- Double counting exemptions
- Derivatives reporting thresholds
- Equities vs non-equities treatment
- Approved publication arrangements
- National competent authority divergence
Module 2. Transaction reporting under RTS 27 and RTS 28
Map regulatory requirements to actual field-level implementation decisions with examples from tier-1 banks.
12 chapters in this module
- Entity identifier standards
- Order and execution reporting fields
- Timestamp synchronisation
- Client categorisation logic
- Execution venue classification
- Aggregation thresholds
- Error correction protocols
- Data completeness validation
- Third-party reporting dependencies
- Reconciliation workflows
- Audit trail retention
- Cross-border reporting conflicts
Module 3. Best execution reporting obligations
Build defensible documentation for how best execution is measured and reported across asset classes.
12 chapters in this module
- RTS 27 disclosure templates
- Venue inclusion criteria
- Cost and charges breakdown
- Historical performance metrics
- Liquidity measurement methods
- Non-monetary benefits reporting
- Client segmentation rules
- Frequency of updates
- Currency conversion impact
- Dark pool inclusion logic
- Commission sharing arrangements
- Third-country venue treatment
Module 4. Product governance and MiFID II
Link product approval processes to suitability requirements with traced decision pathways.
12 chapters in this module
- Target market determination
- Distribution channel alignment
- Periodic review triggers
- Complexity assessment criteria
- Client type mapping
- Incentive compatibility
- Cross-border product approval
- Life-cycle reviews
- Complaints linkage
- Product intervention responses
- Sustainability-related disclosures
- Manufacturers’ oversight role
Module 5. Suitability and appropriateness assessments
Document the logic behind client categorisation and recommendation rationale.
12 chapters in this module
- Retail vs professional classification
- Knowledge and experience checks
- Financial situation documentation
- Investment objective alignment
- Risk tolerance scoring
- Time horizon verification
- Leverage consideration
- Portfolio concentration limits
- Periodic reassessment rules
- Electronic advice exemptions
- Record retention standards
- Supervisory review frequency
Module 6. Inducements and conflicts of interest
Map policy to implementation in research payment and commission arrangements.
12 chapters in this module
- Unbundling requirements
- Research payment caps
- Centralised research budgets
- VAT treatment on payments
- Third-party validation
- Internal pre-approval logic
- Record-keeping obligations
- Audit trail standards
- Client disclosure wording
- External reviewer engagement
- Cost allocation methodology
- Conflict escalation path
Module 7. Compliance monitoring and internal reporting
Design internal audit trails that anticipate regulator follow-up questions.
12 chapters in this module
- Key risk indicator selection
- Sampling methodology for reviews
- Exception tracking systems
- Threshold breach alerts
- Remediation workflow design
- Management reporting frequency
- Cross-functional escalation paths
- Regulatory change tracking
- Training effectiveness metrics
- Policy exception logs
- Audit trail completeness
- Internal challenge function
Module 8. National divergences in MiFID II application
Compare FCA, BaFin, and ACPR interpretations to strengthen cross-border reasoning.
12 chapters in this module
- UK vs EU post-Brexit reporting
- German transparency thresholds
- French transaction taxes
- Dutch reporting extensions
- Italian position limits
- Spanish settlement rules
- Irish client categorisation
- Belgian cost disclosure
- Swedish best execution metrics
- Danish product governance
- Portuguese suitability rules
- Greek compliance deadlines
Module 9. MiFID II and non-EU jurisdictions
Navigate equivalence assessments and third-country reporting obligations.
12 chapters in this module
- UK equivalence status
- US SEC recognition
- Singaporean reciprocity
- Swiss reporting standards
- Japanese alignment
- Canadian provincial rules
- Dubai regulatory overlap
- Hong Kong position
- Australian equivalence
- Brazilian derivatives rules
- Indian securities overlap
- South African alignment
Module 10. Internal challenge and governance forums
Strengthen your role in internal debates by anchoring on verifiable sources.
12 chapters in this module
- Escalation pathways for conflict
- Cross-functional dispute resolution
- Documentation standards
- Precedent tracking system
- External counsel engagement
- Regulatory correspondence archive
- Board-level reporting inputs
- Management discussion points
- Risk committee inputs
- Internal audit response logic
- External examiner preparation
- Peer benchmarking sources
Module 11. Regulator engagement and inspection readiness
Build narratives that anticipate and answer follow-up questions with confidence.
12 chapters in this module
- Document indexing system
- Regulator communication logs
- Inspection response playbook
- Subject matter expert roster
- Evidence trail structure
- Timeline reconstruction
- Decision rationale archive
- Policy exception history
- External review citations
- Internal audit alignment
- Cross-department coordination
- Escalation contact list
Module 12. Maintaining defensible positions over time
Keep your reasoning current as guidance evolves and internal debates shift.
12 chapters in this module
- Regulatory change tracking
- Internal policy update cycle
- Stakeholder consultation
- Version control system
- Rationale migration logic
- Legacy decision documentation
- Training material updates
- Client communication alignment
- IT system configuration
- Audit trail preservation
- Knowledge transfer process
- Succession planning
How this maps to your situation
- During regulator inquiries
- When internal stakeholders question decisions
- Prior to compliance committee reviews
- Before external audit cycles
Before vs. after
Before
Responding to pushback on MiFID II interpretations relies on memory and scattered documentation.
After
You have a structured, cited repository of reasoning and examples to defend decisions confidently.
What's included with your purchase
- 12 modules with 12 chapters each (144 chapters)
- Downloadable templates and worked examples for every module
- Hand-built implementation playbook delivered alongside course access
- 30-day money-back guarantee
Delivery and format
- Course and learning environment access provisioned within 24 hours of purchase
- Hand-built implementation playbook delivered alongside course access
Format: Text-based modules and chapters in the Art of Service learning environment, plus downloadable templates and worked examples for every chapter, plus the hand-built implementation playbook delivered alongside course access.
Time investment: Approximately 3-4 hours per module, designed to be consumed incrementally alongside active projects.
If nothing changes
Without a defensible repository of rationale, repeated challenges from peers or regulators can erode confidence in your decisions, regardless of their validity.
How this compares to the alternatives
Generic MiFID II training covers surface-level rules. This course delivers the source-backed reasoning behind real-world interpretations, so you can defend your position, not just recite it.
Frequently asked
What makes this different from standard MiFID II compliance training?
This course focuses on defensible reasoning, not just rule memorisation. You’ll get access to annotated source documents, jurisdictional variations, and real-world examples of how institutions have justified specific interpretations.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Can I use this to support internal audits or regulator inquiries?
Yes. Each module includes templates and citation-ready references you can adapt for audit trails, governance forums, or inspection responses.
$199 one-time. Approximately 3-4 hours per module, designed to be consumed incrementally alongside active projects..
Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.
30-day money-back guarantee·
144 chapters·
Hand-built playbook included·
Account access within 24 hours