Transaction costs priips mifid reporting

Solutions

Transaction costs: our solutions for PRIIPs and MiFID reporting

Maximum flexibility to your methodological requirement

PRIIPs/MiFID II transaction costs

Deloitte can provide assistance in the various steps of transaction costs compilation with a flexible approach that fits with your data, process and regulatory requirements.

Currently, the transaction costs methodologies for MiFID II and PRIIPs are similar. But transaction costs can also be used in UK reports such as DCPT and CTI.

Deloitte actively performs a monitoring of regulatory updates on the calculation methodologies.

PDF - 327kb

Features: Compilation Services

Explicit transaction costs compilation at different levels
  • On each transactions
  • In trial balances or accounting extracts

Implicit transaction costs compilation through the new PRIIP methodology
  • Based on client transaction data
  • Based on client data mapping: instrument type, currency, order price, date, rating
  • Client data enrichment tool: If some information are not available, Deloitte can help to source it directly such as for example market caps, countries, EMTs of underlying funds.
  • Flexible selection of client half bid-ask matrix

Implicit transaction costs compilation through the Arrival Price methodology
  • Either with client transaction data including Arrival Price
  • Or with Arrival Price sourced by Deloitte through a market data provider. Our clients can benefit from Deloitte’s access for economies of scale in the cost of mid-market and spread data.

Anti-dilution proceed
  • Use of accounting extracts
  • If no data available, estimation of the anti-dilution proceeds can be performed based on parameters of the anti-dilution technique

Transaction costs used in regulatory reporting

 

Preferred methodology

History disclosure

Webpage

New PRIIP

Arrival Price

Ex-ante (3 years)

Ex-post (1year)

EPT

X

 

 

X

https://www2.deloitte.com/lu/en/pages/investment-management/solutions/priips-reporting-services.html

EMT

X

 

X

X

MiFID II reporting

X

 

X

X

https://www2.deloitte.com/lu/en/pages/mifid/articles/mifid-ii-investor-protection-client-reporting.html

DCPT

 

X

 

X

https://www2.deloitte.com/lu/en/pages/mifid/solutions/mifidii-emt-uk-dcpt.html

CTI

 

X

X

X

https://www2.deloitte.com/lu/en/pages/investment-management/articles/cost-transparency-initiative.html

SRD II

X

X

 

X

 

 

 

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Contacts

Xavier Zaegel, FRM

Xavier Zaegel, FRM

Partner | Consulting – IM & PERE Leader

Xavier is a partner within the advisory and consulting department and is the head of the Capital Markets practice in Luxembourg. As a market and credit risk specialist, he has been leading various ass... More

Sylvain Crépin, FRM

Sylvain Crépin, FRM

Partner | Capital Markets/Financial Risk

Sylvain Crepin joined Deloitte Luxembourg in January 2012 and is Partner in the Financial Risk Management department. He is specialised in risk management advisory and solutions for the investment fun... More