Regulation & Compliance

Banks Scramble to Protect Against GDPR Data Breach Fines

Concurrent with—yet seemingly in conflict with—KYC initiatives is the EU’s General Data Protection Regulation, which will upend how banks treat customer data, and will levy steep fines against those who fail to comply or suffer data breaches. Alina…

Trax Gets FCA ARM Nod, Awaits Test Details

MarketAxess’ Trax unit has received FCA approval to test transaction reporting capabilities under MiFID II, but is waiting for details of what the tests will involve.

iMeta Taps JWG for Regulation Rule Sets

By integrating JWG's RegDelta platform, iMeta will be able to offer more details and interpretations of regulations to support client compliance and risk functions.

The Technology Impacts of Mifid II (Part 3)

Ullink's Richard Bentley focuses on the changes likely to occur in the relatively mundane yet hugely important post-trade environment in the wake of the introduction of Mifid II.

Opus Debuts Preconfigured KYC Service

With no client-site IT requirement, officials say the entry-level platform will suit banks with less complex KYC needs for whom speed and ease of deployment is more important.

Bracing for a RegTech Boom

With an unenviable raft of new regulation imminently coming into force, market participants anticipate a flurry of adoption of compliance-related technology, which is expected to prove lucrative for RegTech providers. Joanna Wright and Max Bowie talk to…

Brexit Undermines MiFID Data Foundations

Even after Britain leaves the European Union, financial firms wanting to do business within the EU will need to comply with MIFID II. But removing the UK from EU markets could still derail new European trading and transparency rules. Samuel Wilkes…