Changes to the MiFID II regulatory regime will impose new obligations on many global investment managers both inside and outside the European Union ("EU"). While the precise scope of these obligations will depend, in many cases, on further regulatory guidance, it is clear that certain business practices that are common among global investment managers must be reassessed in light of the new regime.
Following are links to several resources to help you navigate MiFID II, including our Toolkit, which summarizes several key aspects of MiFID II that may impact the trading activities and other operations of global investment managers with offices or clients in the EU. For convenience, we have also including links to several regulators' websites that contains useful information.
K&L Gates MiFID II Toolkit for Global Investment Managers
Toolkit
http://www.klgateshub.com/details/?pub=MiFID-II-Toolkit-for-Global-Investment-Managers-07-20-2017European Securities and Markets Authority (ESMA) Links
MiFID II/MiFIR Homepage
https://www.esma.europa.eu/policy-rules/mifid-ii-and-mifirMiFID II and Investor Protection
https://www.esma.europa.eu/regulation/mifid-ii-and-investor-protectionMiFID II Investor Protection Q&A
https://www.esma.europa.eu/sites/default/files/library/esma35-43-349_mifid_ii_qa_on_investor_protection_topics.pdfMiFIR Data Reporting Q&A
https://www.esma.europa.eu/sites/default/files/library/esma70-1861941480-56_qas_mifir_data_reporting.pdfMiFID II and MiFIR Market Structures Topics Q&A
https://www.esma.europa.eu/sites/default/files/library/esma70-872942901-
38_qas_markets_structures_issues.pdfMiFID II and MIFIR Commodity Derivatives Topics Q&A
https://www.esma.europa.eu/sites/default/files/library/esma70-872942901-28_cdtf_qas.pdfEuropean Commission (EC) Link
Markets in Financial Instruments (MiFID II) - Directive
2014/65/EU
https://ec.europa.eu/info/law/markets-financial-instruments-mifid-ii-directive-2014-65-eu_enThe content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.