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PIMFA and TISA update MiFID II feedback template and guide

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PIMFA, the trade association for investment managers and financial advisers, has published an updated version of its MiFID II feedback template and guide, originally issued for industry comment in June 2018.

Jointly-authored with TISA, the template and guide reflect input received from members of PIMFA’s Product Governance and Template Testing Working Groups which include a wide range of asset managers, distributor firms and information providers operating in the UK and across Europe.

Sarah McGuffick, Lead Regulatory Policy Advisor at PIMFA, says: “The template and guide will help product distributors to meet their MiFID II product governance reporting obligations, enabling them to provide target market sales data to product manufacturers in a standardised and easy-to-use format.” 

Looking ahead, the European Working Group (responsible for the European MiFID Template or EMT) aims to work with European and national trade associations to produce a pan-European Feedback Template – this will take forward and build upon the work that PIMFA and TISA have completed so far. 

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