The Markets in Financial Instruments Directive (MiFID I) is being recast as MiFID II and MiFIR (together, MiFID II) to form the legal framework governing requirements applicable to investment firms, trading venues, data reporting service providers and third-country firms providing investment services in the E.U. MiFID II broadly expands MiFID I and will have a significant impact on all asset managers, not just E.U. firms. In a guest article, Jeanette Turner, managing director and general counsel at Advise Technologies, LLC, provides an introduction to the MiFID II reporting requirements affecting asset managers. On Wednesday, June 10, 2015, from 10:00 a.m. to 11:00 a.m. EDT, Turner will expand on the thoughts in this article – as well as other areas of MiFID II that affect asset managers – in a webinar entitled “A Practical Introduction to MiFID II for Asset Managers: What You Need to Know Now,” which will be moderated by the Hedge Fund Law Report. She will be joined in that webinar by Simon Whiteside, a partner at Simmons & Simmons. To register for the webinar, click here. For further insight from Turner, see “Seven Tips and Lessons Learned from January 2015 AIFMD Filers,” Hedge Fund Law Report, Vol. 8, No. 6 (Feb. 12, 2015); and “HFLR-Advise Technologies Panel Explores AIFMD Marketing and Annex IV Reporting Requirements,” Hedge Fund Law Report, Vol. 8, No. 2 (Jan. 15, 2015). Hedge Fund Law Report interviewed Turner in “Key Pain Points in AIFMD Annex IV Reporting and Proven Strategies for Surmounting Them,” Hedge Fund Law Report, Vol. 7, No. 44 (Nov. 20, 2014); and she co-authored “A Practical Comparison of Reporting Under AIFMD versus Form PF,” Hedge Fund Law Report, Vol. 7, No. 41 (Oct. 30, 2014).