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EU: MiFID II – Product Due Diligence (Distributor)

The EU’s MiFID II introduces more onerous rules for Product Due Diligence (PDD) on the distributors of financial instruments and services.

Our PDD solution enables clients to ensure they can evidence compliance with the regulatory requirements:

  • Management Body Oversight: Ensure that Senior Management have control over products sold to clients
  • Resources/Expertise: Show the producer has the resources relevant to the product (personnel, systems, data etc.)
  • Target Client: Document the types of client the product/service is suitable for based on the investment profile
  • Monitoring/Reporting: Show that products are monitored and results are reported and acted upon

GRC-Maestro keeps the records you need to show: the who, what, when and why regarding PDD.

EU: MiFID II – Product Due Diligence (Producer)

The EU’s MiFID II introduce more onerous rules for Product Due Diligence (PDD) on the producers of financial instruments and services.

Our PDD solution enables clients to ensure they can evidence compliance with the regulatory requirements:

  • Management Body Oversight: Ensure that Senior Management have control over the product design and production
  • Resources/Expertise: Show the producer has the resources relevant to the product (personnel, systems, data, etc.)
  • Target Client: Document who the product is designed for, including investment time horizon and risk
  • Monitoring/Reporting: Show that products are monitored and results are reported and acted upon

GRC-Maestro keeps the records you need to show: the who, what, when and why regarding PDD.

Related Resources

EU: MiFID II – Product Due Diligence (Distributor)
EU: MiFID II – Product Due Diligence (Distributor)