Regulatory Environment - Part 15

Regulatory Environment - Part 15

Overview

This eCourse consists of two modules. Module 1 looks at the background to the European Central Securities Depositories Regulation (CSDR) legislation and its key components, namely standardization, authorization, standardized settlement, dematerialization, and settlement discipline. CSDR is one of the key regulations adopted in the EU in the aftermath of the financial crisis. It introduces new measures for the authorisation and supervision of CSDs and creates a common set of prudential, organizational, and conduct of business standards at a European level.

Module 2 provides a high-level overview of packaged retail and insurance-based investment products (PRIIPs) regulations and explains the components and purpose of the key information document (KID). PRIIPs regulations were published by European authorities on KIDs for PRIIPs to support retail investors’ decision making.

Objective

On completion of this tutorial, you will be able to:
- Recall the background and timeline to the CSDR regime and its impact beyond CSDs.
- Identify the key components of the CSDR framework, namely standards, authorization, standardized settlement, dematerialization, and settlement discipline.
- Identify PRIIPs regulations and list their major provisions
- Define the PRIIPs key information document (KID) and explain its purpose
- Name and define the core components of the KID
- Identify the challenges associated with the creation of the KID

Content

Module 1: CSDR
Topic 1: Overview of CSDR
Topic 2: CSDR Components

Module 2: PRIIPs
Topic 1: Overview of PRIIPs
Topic 2: Key Information Document (KID)
Topic 3: PRIIPs Challenges

Details

Code
TERCR20012201
Venue
ePlatform
Language
English
Level
Intermediate
Hours
SFC:1.50, PWMA:1.50
Fees
All Member: HK$435
Staff of Corporate Member: HK$435
Non-Member: HK$615