MiFID III Compliance Implementation Checklist

This document is a checklist designed to assist organizations in complying with the MiFID III regulation, which must be implemented by September 2025. It outlines a series of actionable steps that organizations should take to ensure full compliance. The checklist includes ensuring full channel coverage, strengthening controls for off-channel communications, and reviewing monitoring capabilities. It emphasizes the importance of auditing all communication channels and confirming that recording solutions capture all in-scope conversations. Additionally, it details the necessity of establishing strict policies against unauthorized communication tools and training employees on compliant communications. The document also advises on updating internal policies and documentation, monitoring updates from ESMA, and conducting a gap analysis to align with MiFID III expectations. Overall, the checklist serves as a comprehensive guide for organizations to prepare for the regulatory changes and ensure compliance by the deadline.