GUIDE

Guide to Managing Personal Account Dealings (PAD)

Key Insights for Investment Management Firms

What is inside this guide?

• The guide provides a definition of Personal Account Dealing (PAD) and outlines the monitoring of employee personal trading
• It describes the scope of the Markets in Financial Instruments Directive II (MiFID II) 
• It elaborates on the key the obligations of Investment Firms related to managing PAD and conflicts of interest
• The guide discusses risks and challenges related to employee personal trading, and its monitoring