Product Governance in the Financial Sector Gerry Kounadis, Lawyer, LL.M., MSc Anastasia Dasmanoglou, Lawyer, LL.M., MBA ISBN 978-960-622-779-0 Abstract: This book concentrates on product governance under MiFID II, IDD and EBA frameworks. As a post-crisis regulatory response to mis-selling scandals in the financial sector, the newly-introduced rules around the way in which financial in- struments, insurance products and retail banking products are manufactured and distributed aimat safeguarding that financial sector entities act in accordance with the best interests of their clients throughout product lifecycle. This book aims at facilitating the legal and compliance practitioners towards two directions. On the one hand, it thoroughly examines the relevant legal and regulatory framework in place from the point of view of both financial products’ manufacturers and dis- tributors. On the other hand, it presents the actions that in-scope entities should or could take not only from a regulatory compliance standpoint but also from a busi- ness perspective in the context of a sustainable compliance approach that could align supervisory expectations with business benefits. COPYRIGHT All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission of NOMIKI BIBLIOTHIKI S.A., or as expressly permitted by law or under the terms agreed with the appropriate reprographic rights organisation. Enquiries concerning reproduction which may not be covered by the above should be ad- dressed to NOMIKI BIBLIOTHIKI S.A. at the address below. DISCLAIMER The content of this work is intended for information purposes only and should not be treated as legal advice.The publication is necessarily of a general nature; NOMI- KI BIBLIOTHIKI S.A. makes no claim as to the comprehensiveness or accuracy of the information provided; Information is not offered for the purpose of providing indi- vidualized legal advice. Professional advice should therefore be sought before any action is undertaken based on this publication. Use of this work does not create an attorney-clientoranyotherrelationshipbetweentheuserandNOMIKIBIBLIOTHIKI S.A. or the legal professionals contributing to this publication. 23 Mavromichali str. | 106 80 | Athens | Greece T +30 210 3678 800 | F +30 210 3678 819 www.nb.org | info@nb.org © 2019, NOMIKI BIBLIOTHIKI S.A. LawPublishers inEurope