COPENHAGEN-Denmark-based Saxo Bank has completed a data management systems update to ensure compliance with the Markets in Financial Instruments Directive (MiFID), which became law in Europe on November 1, officials tell Inside Reference Data.
Saxo's MiFID project, launched in summer 2006, was aimed at preparing the bank for new regulation and has involved around 30 business and IT professionals, according to Søren Valther Stender, manager, business projects at Saxo Bank in Denmark.
With all syste
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails