Regulation
Regulators Cite 'Critical Deficiencies' in JPMorgan Monitoring, Reporting, Risk Controls
JPMorgan Chase has been sanctioned by US regulators eight months after an outsized credit default swap led to trading losses of $6.2 billion.
IRD's Editor on Construction of Compliance Utilities
Inside Reference Data editor Michael Shashoua discusses management of data through compliance utilities for risk management purposes
The Elephant in the Room
It hasn't been an easy return to work for many on the sell side, so far this month. Outside of new requirements regarding swap transaction reporting and dealer registration to consider, the possibility of enormous fines are hanging over nearly every bank…
Data Opportunities Abound
Compliance initiatives based on improving the foundations for data communication in the financial industry are both a way of strengthening the foundations of data management and chances for the industry to perform better
ESMA, EBA Recommend Euribor Rate-Setting Revamp
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have penned a set of new proposals for improving the process by which the Euro Interbank Offered Rate (Euribor) is decided.
Michael Shashoua: Halfway Down the LEI Road
The start of 2013 finds some of the preparation for legal entity identifier implementation complete, but much left to do. Michael says the necessary structures are in place, but now the real work begins
Thomson Reuters Launches Fatca Product
The data vendor is helping clients comply with US anti-tax evasion regulations by supplying modules for client onboarding, self-assessment and reporting
Laying Compliance Foundations
With regulatory change looming large over the financial industry, Nicholas Hamilton finds out how extensible systems, best practices and good communication are helping firms to manage the uncertainty of evolving requirements and deadlines
Basel III Liquidity Level Changes Said to Weaken Rules
Inclusion of more types of securities as liquid assets and lowering of thresholds for depositor exits that banks must be able to survive, as set out by new changes to Basel III rules, weaken the regulation, according to one industry observer
2013 Offers Both Familiar and Fresh Challenges
As the recycling is put out for collection, credit card bills from Christmas cause mild bouts of nausea and everyone begins to get back into their daily routines, let's take a look ahead to what's going to be important in 2013.
IRD's Editor on Opportunities in LEI Challenges
Inside Reference Data editor Michael Shashoua identifies an opportunity presented by industry concerns about the LEI
Identification Breakdown?
The structures and parameters for global implementation of a legal entity identifier are in place, but industry professionals are finding cracks in the registration process that undermine its accuracy. Michael Shashoua describes some of the issues now…
Where Crisis Equals Opportunity
Legal entity identifier implementation concerns could be a chance for clever service providers to offer a solution to ensure accuracy
Swap Dealer Registration, Real-Time Data Reporting Begins
The US Commodity Futures Trading Commission (CFTC) has announced the successful commencement of public real-time swap transaction data reporting, and swap dealer registration, pursuant to Dodd-Frank Act mandates.
2013: Keep Calm and Carry On
Victor Anderson looks into his 2013 crystal ball and sees little change next year in terms of the challenging operating environment, although he does see opportunities for technology vendors and delivery models that will transpire over the next 12 months.
The Best of the Sell Side in 2012
The pick of Waters' sell-side coverage from the past year.
2012: A Year of Opinions
Highlights from Waters' opinion pieces over the past year.
Basel Committee Proposes Basel 2.5 Revisions
The Basel Committee on Banking Supervision has set a March 15 deadline for comment on two new securitization hierarchies
The Real Work on LEI Begins
Inside Reference Data editor Michael Shashoua points out what's left in the industry's journey toward global legal entity identifier implementation
LEI’s Next Phase
With the structures for implementing the legal entity identifier basically in place, now the real work begins—actually implementing registrations
Sifma's Strongin on Global LEI Implementation
Sifma's David Strongin tells IRD editor Michael Shashoua about the industry organization's work on securities identifier standards