Reg BI will shake up the private wealth securities industry and goes effective in June. FIBA has been instrumental in its advocacy on behalf of the cross-border industry in the implementation of Reg BI. From its advocacy in effecting change from Proposed Rule to Adopting Release and most recently in procuring clarity through the FAQ process, FIBA has been the cross-border industry’s leading voice on Reg BI, and on May 29, FIBA is hosting its second Regulation Best Interest webinar with members of the SEC.
Lourdes Gonzalez, a leading author of Regulation Best Interest and a Miami native will be on the panel. She will be joined by Ben Tecmire from the SEC who will address issues pertinent to family offices, asset managers and other non-broker dealers who are impacted by Reg BI.
Kim Prior and Greta Trotman from Shutts & Bowen and Sergio Alvarez-Mena from Jones Day, will guide the audience through CRS requirements, Investment Advisor impact and the four core requirements of Reg BI compliance. Special attention will be given to the cross-border business and how cross-border firms of all sizes can meet the Reg BI challenge.
Topics in the timely one hour webinar which will recap the latest developments for Regulation Best Interest compliance, include:
- How introducing firms can satisfy CRS.
- Is the Plain English requirement really English-Only?
- Are PIC’s and similar structures excluded?
- What is a recommendation?
- Are commissions inherently a conflict?
- How can firms recruit in the Reg BI era?
- Are offshore securities exempt from Reg BI?
- … and more.
To subscribe to Regulation Best Interest Countdown: What you absolutely, positively must have in place!, follow this link.
