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.
For more information on the GRC-Maestro Platform click here.