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Description
Programme
Based on the ISO definition for debt instruments specifying that a debt instrument is a financial instrument evidencing monies owed by the issuer to the holder on terms as specified, the content of module 3 on debt instruments focuses on:
· Characteristics of Debt Instruments
· Primary Bond Market
· Activities in Securities Markets
· Bond Calculations
o Clean Prices
o Dirty Prices
o Yields
· Ratings and Rating Agencies
· Complex Debt Instruments
o Convertible Bonds
o Asset-Backed Securities
o Structured Products
o Money-Market Instruments
· Risks Associated with Debt Instruments
o Market Risk
o Credit Risk
o Counterparty Risk
· Costs / Tax / Reporting
· MiFID Update
o MiFID Since its Inception
o New ESG Framework
o Relief Package
o MiFID II/MiFIR Amendments
o Digital Finance
o After MiFID II, Comes MiFID III, Right?
· Key Messages
· Bibliography and References
· Appendices
Target Audience
The persons concerned by the Training Programme are all persons placed under the authority of a professional (or acting on his behalf) subject to prudential supervision by the CSSF, i.e. individuals providing investment advice (“Advisory profile”) or information (“Information profile”) on financial instruments, investment services or ancillary services to clients.
Speakers
Experienced professional specialists selected on the basis of their in-depth knowledge of markets and financial products under MiFID rules I and II, and ESMA criteria.
Language
English or French (course material: English only)
Modalités
Support de cours
Pour des raisons de respect de l'environnement veuillez noter qu'aucun support papier ne vous sera fourni lors de votre formation. Votre support de cours peut être téléchargé gratuitement avant le début du cours via notre portail client (télécharger ici le guide du portail client). Vous pourrez ainsi le consulter sur l’écran de votre appareil mobile ou l'imprimer en cas de besoin. Si votre inscription a été effectuée par un responsable formation de votre entreprise veuillez le contacter pour qu'il puisse vous y donner accès ou vous l'envoyer.
Certification
This module is part of the MiFID II Certification. For more details about this Certification, please click here.