Overview
Date: 23 September 2020
Event overview
The Annual bwf and ICMA Capital Markets Conference took place on 23 September 2020 as a virtual panel discussing MiFID II/R: the “Quick-Fix“ and beyond.
The expert panel discussed the likely impacts of the MIFID II “quick fix” as part of the EU’s coordinated response to the COVID-19 pandemic and the extent to which this will play a key role in promoting the recapitalisation of European companies as they emerge from the crisis. Discussions covered the distribution of bonds with make-whole clauses to retail investors, changes to costs and charges disclosures, and the suspension of best execution reporting. The panel also looked ahead to the MiFID II/R review and the possible areas where either fine-tuning or a wholesale rethink could prove helpful, including the hot topics of research unbundling and post-trade transparency.
Speakers included:
Event overview
The Annual bwf and ICMA Capital Markets Conference took place on 23 September 2020 as a virtual panel discussing MiFID II/R: the “Quick-Fix“ and beyond.
The expert panel discussed the likely impacts of the MIFID II “quick fix” as part of the EU’s coordinated response to the COVID-19 pandemic and the extent to which this will play a key role in promoting the recapitalisation of European companies as they emerge from the crisis. Discussions covered the distribution of bonds with make-whole clauses to retail investors, changes to costs and charges disclosures, and the suspension of best execution reporting. The panel also looked ahead to the MiFID II/R review and the possible areas where either fine-tuning or a wholesale rethink could prove helpful, including the hot topics of research unbundling and post-trade transparency.
Speakers included:
- Frank Engels, CIO (UIP), Union Investment Privatfonds; Board Member, ICMA
- Andy Hill, Senior Director, Market Practice and Regulatory Policy, ICMA
- Dr. Annette Kliffmüller-Frank, Managing Director, ICF BANK AG; Chair, bwf
- Dr. Jörg Kukies, State Secretary, Federal Ministry of Finance Germany
- Tilman Lueder, Head, Securities Markets Unit, DG FISMA, Securities Markets, European Commission
- Michael Sterzenbach, Secretary General, Bundesverband der Wertpapierfirmen