Requirements

The Legal Directive:
MIFD2: Markets in financial instruments directive
Each EU nation most adopt it as national law.The Regulation:
MIFIR: Markets in financial investments regulation
Enforces the MIFID2 Directive, must be implemented as-is.

Has impact with these additional regulations:
MAR: Market Abuse Regulation
CSMAD: Criminal Sanctions for Market Abuse Directive
PRIIPS: Packaged Retail & Insurance Based Investment Products
UCITS 5: Undertakings for Collective Investment in Transferable Securities
AIFMD: Alternative Investment Fund Managers Directive
IDD: Insurance Distribution Directive

ARCHIVED FROM WHAT?

Company equipment and personal electronic equipment approved by a firm for transactional use.

ARCHIVE ON WHAT?

A durable medium that prevents alteration. (Write Once Read Many)

ARCHIVE FOR HOW LONG?

Minimum 5 Years, Up to 7 Years

GLOBAL IMPACT

MIFID2 affects financial companies doing business in the EU and those from the rest of the world that do business in the EU.

DO YOU NEED HELP WITH MIFID2 ARCHIVING?

Archive Nexus and ASG Software Solutions have integrated our products to provide you a centralized MIFID2 content repository of record. Please request our MOBIUS + ARKIVY brochures for full details.

WHO DOES IT AFFECT?

PRODUCERS OF INVESTMENT PRODUCTS Asset managers, Banks, Insurance, Hedge Funds
PROVIDERS OF INVESTMENTS Banks, Execution venues (exchanges)
DISTRIBUTORS OF INVESTMENTS Banks, Investment Advisors