Qompy Hosts

FCA in
Mifid Breakfast Briefing

Thursday, 26 September 2024
8.30am - 9.30am with optional networking till 10.30am

MEMBERS ROOM, One Moorgate Place, City of London

Qomply’s event brings together Tom Soden, Manager of the Financial Conduct Authority’s (FCA) Markets Reporting Team, and Michelle Zak, Co-Founder of Qomply, for an industry discussion on data quality themes, upcoming policy reviews, product identifiers, and divergence.

This year's Breakfast Briefing takes place in the stunning Members’ Room at the beautiful grade-II listed One Moorgate Place in the heart of the City of London.

With the FCA recently acknowledging the initiation of an enforcement investigation related to potential failures in transaction reporting, data quality and governance has been moved high on the compliance agenda.

At the FCA, Tom Soden leads the Markets Reporting Team (MRT) that is responsible for monitoring the completeness and accuracy of transaction reports. Tom is also responsible for setting out policies pertaining to RTS23 and RTS22. Previous to joining the FCA, Tom also worked at the European Securities and Markets Authority (ESMA). This combination of experience provides Tom with unique insights into the operations of both regulators.

Tom will share overall reflections on what the FCA are seeing in terms of data quality and supervisory expectations. This year's UK election interrupted the historical summer announcement cycle that has been the hallmark of the FCA for the past few years. Therefore, expect to hear more from the FCA in the latter part of the year with forthcoming reviews of RTS22 and RTS23.

Tom will also share his thoughts on the objectives of the review and any associated timings. There will also be an opportunity to ask questions about potential divergence in reporting requirements and emerging issues such as identifiers for OTC derivatives.

Michelle will serve as both moderator and subject matter expert, providing valuable context on transaction reporting challenges. With Qomply's solutions having verified the accuracy of billions of transactions, Michelle is uniquely positioned to share valuable insights and practical strategies that firms use to comply with MiFID regulations.

This exclusive Chatham House event is designed for industry practitioners across the financial services sector. It’s a rare opportunity to engage directly with leading experts, get your questions answered, and network with peers.

Places are extremely limited. Please ensure you can attend before reserving your spot.

To register: https://qomply.co.uk/events/2024/fca-breakfast-briefing/index.html