How we can help

Business structuring and product lifecycle management

In a post-MiFID II environment the market players will undergo major changes which are not limited to the 'compliance with technical requirements'. In fact, the ban on inducements, the introduction of distinct product lifecycle rules as well as the definition of 'independent advice' and 'cost of advice' will introduce shifts in the revenue streams and product shelves of the banks, distributors and other financial intermediaries.
PwC can support you in understanding the multi-layered and diverse impacts and interactions on your organisation. We have set-up a core team of professionals in each EU core Member State as well as for each discipline (tax, strategy consulting, regulatory consulting and product engineering experts) we consider critical to design the adopted or new business models.

Operations change management

MiFID II and MiFIR II are encompassing a variety of technical details and compliance requirements. The impacts span from the pre-transaction compliance and product selection, to the appropriateness/suitability review as well as the best execution of transactions, to the post-trade transparency and reporting. Our experts have been implementing MiFID I as well as the core banking (e.g. CRD III) and markets regulations (e.g. EMIR). We can support your teams to facilitate the impacts assessment and critical challenging of current processes and organisation. Also, we have experienced professionals that can directly support or re-enforce your teams in the implementation of the requirements and gaps recommendations.

Training & awareness

PwC has developed since 20 years a dedicated facility, PwC's Academy, focusing on trainings and tailored subject matter workshops. We propose a combination of professional learning facilities combined with experienced subject matter expert instructors from our implementation teams.

We invite you to consider our modular approach, the competence of our core team in Luxembourg and of the MiFID II experts within our network as well as the credentials we’ve been able to gain on MiFID projects in Luxembourg and abroad.