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MiFID II

Amendment of MiFID II

Practical implications

ESG Strategy Roadmap

Distribution

  • Consider sustainability profile and preferences of customers + mandatory assessment

  • Must take these sustainability preferences into account when offering financial products

  • Prepare report to client how recommendation meets investment objectives, risk profile, capacity for loss bearing and sustainability preferences

  • Target market assessment must also cover the instrument’s objective of sustainable investments or E/S characteristics

Risk Management

  • Integrate sustainability risks into risk management policies

general Organizational requirements

  • Take into account sustainability when complying with organizational requirements (qualitative and quantitative terms)

Client Advisory & Product Management Journeys 

Transparency
Client profile
Financial Services PM/ IA
Product monitoring
Matching
Product governance
Transparency
Sustainable product
Reporting