MiFID II - TRS 2

The Mifid Directive means, among other things, that more documentation is required to identify a legal person.

With this add-on can you add all necessary information about your users for the TRS 2 reporting. Information can be added to existing users as well as when creating new users

The add-on also offers you a possibility to add links to an instrument about Investment Information like Target Market and Associated Cost. 


Documentation

Create user

When creating a legal entity, we have added more fields so you can enter the necessary information that is needed for your TRS2 reporting. 

BirthDate: enter DD/MM/YYYY
Country: which TRS country the person belongs to. If the person doesn't belong to a TRS country, XX should be used. 
Type: The id type for TRS reporting regarding natural persons. It is prefilled and depends on what is set in MiFID Management. Can be either NID, PASSPORT or CONCAT. 
Id: The TRS identification code that should be used for natural persons when performing TRS2 reporting

MiFID Approved: All information is available to comply with the MiFID regulations to trade.
Manual Handling: If you want to review transactions before sending the TRS file to FI.

For Company

LEI: The id type for TRS reporting
MiFID Approved: All information is available to comply with the MiFID regulations to trade.
Manual Handling: If you want to review transactions before sending the TRS file to FI.


Professional: If a person is a professional investor. 

Add MiFID-information to an existing user

Navigate to the detail tab to edit an existing user.  


Investment information - Target market and Associated costs

There is support for adding links (for example pdf or webpage) to the instrument regarding the target group for which the instrument is intended and cost associated with the instrument. These links will be displayed both in the admin interface and at the customer front when the instrument is being traded.

Note! For it to work, it is important to write http://

  


These links will be displayed both in the back office interface and at the customer front when placing an order in the specific instrument. 

Back office - Investment InformationCustomer Front - Investment Information