Compliance tools · Corporate governance, employment and financial · C-027

MiFID II Compliance Agent

Directive 2014/65/EU · European Union · Binding instrument

Appoint the compliance person you already employ. The system trains them.

A member of your own staff, with no compliance background, reads the training module, answers the interview, and finishes with your MiFID II documentation cited article by article. The knowledge stays in the business.

MiFID II is Directive 2014/65/EU, a binding instrument in the European Union. Conduct, organisational and reporting duties for investment firms, from authorisation to best execution and transaction reporting.

The duties an investment firm carries are not held in the Directive alone, so this system is built on four instruments read together: Directive 2014/65/EU, Regulation (EU) No 600/2014, Commission Delegated Regulation (EU) 2017/565 and Commission Delegated Directive (EU) 2017/593. Each is read in its consolidated form, and 409 obligations are catalogued from them, article by article, into 29 working files.

The free assessment screens for MiFID II when a business is authorised as an investment firm, or provides investment services such as investment advice, portfolio management, the execution of client orders, or the reception and transmission of orders.

Sectors named in the register for this instrument: investment firms; portfolio managers; investment advisers; brokers receiving and transmitting client orders; firms executing client orders; tied agents; credit institutions providing investment services.

The system serves an authorised investment firm. It does not cover the operation of a regulated market, a multilateral trading facility or an organised trading facility, the third country branch regime, or the onshored United Kingdom regime, each of which is separate work.

Screen your business against all 116 agent toolkits, free →

Trained compliance people are scarce and expensive. A regulatory consultancy publishes £1,600 to £2,000 a day plus VAT, and when the engagement ends the knowledge leaves with the invoice. Enterprise GRC platforms run to €50,000 and more in setup, then charge per seat, per framework, per year, and most assume you already employ a specialist to drive them.

So in most small and medium businesses the work lands on whoever sits closest to IT, tracked in a spreadsheet. That is a single point of failure carrying the compliance position of the whole company, with no training behind it.

The system is built to take a person who has never read the instrument to a completed, cited compliance report. The training module teaches the regulation first, in plain language. Then the system interviews them about your organisation in a dedicated Claude account: upload the files, type START, and answer one question at a time. The working files collect the evidence the instrument asks for and record what is in place and what is missing, and your documentation is produced with article citations an auditor can check against the law.

No consultant, no sales call, no per-seat pricing, no platform you are locked into. A one-time purchase you keep, completed without hiring anyone.

• Your exact position under MiFID II: what is in place, what is missing, and what to do about each gap.
• Documentation with article citations, ready for auditors, insurers, customers and public buyers.
• A trained person inside the business who understands what the regulation requires, and stays.
• Evidence files you keep on your own systems, with no recurring fee to read your own assessment.
• All of it completed in-house, at your own pace, without booking a single meeting.

Ask a general AI whether it can produce your compliance documentation and it will tell you it can. Models are built to agree with you. It cannot, in one sitting or a thousand, because the capability does not live in the model: it lives in the machine engineering around it, the obligations dictionary, the evidence structure, the citation discipline and the current text of the law.

A general model also answers from its training data, and regulation moves faster than training data. An agentic system improvises around the gaps and answers with confidence either way, and you cannot tell which of its answers are current. That is how a business ends up documented against a version of the law that no longer exists.

The ComplianceSME system removes the gamble. Agentic behaviour is engineered out: the AI works inside structured files that hold the accurate, current regulation, it follows the interview, and every finding is produced with article citations you can verify against the regulation itself. The system carries the regulation in full, so nobody in your business is burdened with reading it cold.

The gap between what you think AI can achieve, what AI will say it can achieve, and what it can really achieve is huge. That gap is the first thing every toolkit teaches: the training module opens with AI literacy before it opens the regulation, so the person running the system understands the tool in their hands before they trust it with the law.

Every system in the register is built against ComplianceSME's dictionary of 10,313 catalogued obligations and checked before it is published. ComplianceSME's EU AI Act work has been covered in Solicitors Journal. The register, the catalogue and every price are public on this site: no demo call, no quote form, no pipeline.

With the membership, every system you own is updated in your dashboard as the law shifts. ComplianceSME monitors compliance globally and is contributing to the deferred 2027 provisions still to come, the only voice in that process representing 31.6 million SMEs across our 28 nations.

A UK regulatory consultancy publishes advisory time at £200 to £250 an hour plus VAT, which is £1,600 to £2,000 for a single day, and it charges again for every question. The published fixed fees go further: £10,000 to £25,000 for an investment services authorisation, and £5,340 to £16,140 a year to keep a compliance retainer open. Building the function in-house means a head of compliance at £95,000 to £125,000 at a small London asset manager, or €95,000 to €120,000 in Dublin, before employer costs and training. A compliance platform charges by the seat and by the year, with one published rate card running from $18,900 for a single licence to $60,480 for unlimited licences, and it holds your assessment inside the subscription. The MiFID II system is £4,000 once. It trains your own person, and the training, the evidence files and the finished documentation stay in the business.

Does MiFID II apply to my business?

The free assessment screens for MiFID II when a business is authorised as an investment firm, or provides investment services such as investment advice, portfolio management, the execution of client orders, or the reception and transmission of orders. Sectors named in the register for this instrument: investment firms; portfolio managers; investment advisers; brokers receiving and transmitting client orders; firms executing client orders; tied agents; credit institutions providing investment services. The free assessment at compliancesme.com screens your business against all 116 agent toolkits in the register at once, and takes about ten minutes.

What is MiFID II?

MiFID II is Directive 2014/65/EU, a binding instrument in the European Union. Conduct, organisational and reporting duties for investment firms, from authorisation to best execution and transaction reporting. The system reads it with Regulation (EU) No 600/2014, Commission Delegated Regulation (EU) 2017/565 and Commission Delegated Directive (EU) 2017/593, because the duties a firm carries are spread across all four.

How much does the MiFID II compliance system cost?

The MiFID II compliance system costs £4,000 as a one-time purchase, downloaded immediately after checkout. An optional membership at £500 per month keeps every system you own current when the law changes; the system works without it and remains yours either way.

Do I need a consultant to comply with MiFID II?

No. The system is engineered for Claude and runs in a dedicated Claude account, interviews you in plain language one question at a time, collects the evidence the instrument asks for, and produces your compliance documentation with article citations. It is a documentation tool, not legal advice.

Who in my business should run the MiFID II system?

Any member of staff who is comfortable with a computer. The training module teaches the regulation before the interview begins, so no compliance background is required. Owners appoint an operations manager, an office manager or a compliance officer, and the system takes that person from first reading to finished, cited documentation.

Related in corporate governance, employment and financial: EU AML Regulation · SFDR · EU Taxonomy Regulation · CSRD

Related ComplianceSME systems: company law library for your Member State, free · DORA · EU AML Regulation · GDPR, free