Mifid II, regtech and changes to the premium pension system are among the topics being highlighted by the Norwegian Fund and Asset Management Association (VFF) and the Swedish Investment Fund Association (Fondbolagens förening) respectively on behalf of their members, as the autumn of 2018 sees new challenges hit the industry.
At its Compliance 2018 event, the VFF saw presentations on Mifid II, governance of asset management businesses, cyber crime, ethics and finance, regtech and practical ESG responses to climate change up for discussion.
Isak Danielsson, specialist in securities law at Nordea, outlined the road ahead in the wake of Mifid II, and its impact on the industry in areas such as commission payments. Ongoing, of course, there are a number of key elements to Mifid II that managers need to deal with, such as the use of the European Mifid Template (EMT), which he also noted. (See presentation here: Foredrag-1-Isak-Danielsson)