Activity
Certify
Perform internal/external audit
Organisation
Responsible
Internal/External Audit
Input/Output
Input data
Audit results
Output data
Certificate
Requirements
Requirements (Basel II)
Monitoring and reporting
Internal control review
Review of adequacy of risk assessment
Requirements (SOX)
Section 203: Audit Partner Rotation.
Section 407: Disclosure of Audit Committee Financial Expert
Section 301: Public Company Audit Committees.
Section 404: Management Assessment Of Internal Controls
Section 201: Services Outside The Scope Of Practice Of Auditors.
Section 204: Auditor Reports to Audit Committees.
Section 302: Corporate Responsibility For Financial Reports
Requirements (MIFID)
Article 6 Compliance
Article 17 Pre-trade transparency obligations
Article 14 Conditions for outsourcing critical or important operational functions or investment services or activities
Article 25 Obligation to uphold integrity of markets, report transactions and maintain records
Article 27 Obligation for investment firms to make public firm quotes
Article 27 Post-trade transparency obligation
Article 7 Record-keeping of client orders and decisions to deal
Article 33 Information about costs and associated charges
Article 31 Disclosure of client limit orders
Article 8 Internal audit
Article 40 Reporting obligations in respect of execution of orders other than for portfolio management
Article 35 Assessment of suitability
Article 15 Service providers located in third countries
Article 19 Use of client financial instruments
Article 21 Obligation to execute orders on terms most favourable to the client
Article 5 General organisational requirements
Article 12 Personal transactions
Article 51 Retention of records
Article 39 Retail client agreement
Article 7 Procedures for granting and refusing requests for authorisation
Article 10 Shareholders and members with qualifying holdings
Article 6 Scope of authorisation
Article 37 Provisions common to the assessment of suitability or appropriateness
Article 17 Depositing client financial instruments
Article 41 Reporting obligations in respect of portfolio management
Article 31 Information about financial instruments
Article 20 Reports by external auditors
Article 28 Post-trade disclosure by investment firms
Article 26 Inducements
Article 7 Risk management
Article 18 Depositing client funds
Article 43 Statements of client financial instruments or client funds
Article 21 Conflicts of interest potentially detrimental to a client
Article 30 Post-trade transparency requirements for MTFs
Article 29 Pre-trade transparency requirements for MTFs
Article 32 Arrangements for making information public
Article 22 Conflicts of interest policy
Article 8 Record-keeping of transactions
Article 16 Regular review of conditions for initial authorisation
Article 44 Best execution criteria
Article 19 Conduct of business obligations when providing investment services
Article 32 Information requirements concerning safeguarding of client financial instruments or client funds
Article 24 Quotes reflecting prevailing market conditions
Article 23 Record of services or activities giving rise to detrimental conflict of interest
Article 13 Organisational requirements
Article 28 Deferred publication of large transactions
Article 3 Conditions applying to the provision of information
Article 20 Provision of services through the medium of another investment
Article 16 Safeguarding of client financial instruments and funds
Article 49 Aggregation and allocation of transactions for own account
Article 29 General requirements for information to clients
Article 26 Monitoring of compliance with the rules of the MTF and with other
Article 27 Conditions with which information must comply in order to be fair, clear and not misleading
Article 18 Conflicts of interest
Article 29 Publication and availability of pre- and post-trade transparency data
Article 23 Obligations of investment firms when appointing tied agents
Article 45 Duty of investment firms carrying out portfolio management and reception and transmission of orders to act in the best interests of the client
Article 46 Execution policy
Article 22 Client order handling rules
Article 14 Trading process and finalisation of transactions in an MTF
Article 42 Additional reporting obligations for portfolio management or contingent liability transactions
Article 30 Information about the investment firm and its services for retail clients and potential retail clients
Article 10 Complaints handling
Article 47 General principles
Article 36 Assessment of appropriateness
Article 52 Investment advice
Article 12 Reporting channels
Article 9 Persons who effectively direct the business
Article 48 Aggregation and allocation of orders
Article 25 Additional organisational requirements where a firm produces and disseminates investment research
Article 9 Responsibility of senior management