Regulation
August 2012: Armageddon? What Armageddon?
So far, 2012 hasn't produced the avalanche of heavy-handed regulations that the industry feared it would. Instead, Victor says the upcoming US election necessitates a more measured approach.
Jake Thomases: A Step in the Right Direction
It’s not often that when it comes to introducing new regulations, the SEC garners appreciable industry support. But as Jake explains, one of the regulator’s most recent pieces of legislation affecting large swaths of the US financial services industry,…
FIBO Semantics Initiative Addresses Interest Rate Swaps
The EDM Council and Object Management Group have presented their FIBO Semantics Initiative to US regulators as a way to gain data consistency and transparency
Fed Publishes FMU Risk Management Rules
Finalized regulation based on IOSCO-CPSS standards.
Single-Dealer Platforms Not Dead as Banks Shape Up for SEFs
SEF aggregation can ensure banks keep hold of clients as regulation looms.
Questions Remain About CICI-To-LEI Transition
The Commodity Futures Trading Commission's (CFTC) choice of the Depository Trust and Clearing Corporation and Swift to provide its interim legal entity identifier (LEI) is unsurprising, but it is not yet clear how the CICI identifier will fit into the…
As We Predicted
Swift, and the DTCC, scored a win supporting their prospects as LEI administrators by gaining the CFTC's designation to run its CICI identifier standard
SEF Survival Depends on Differentiation
GreySpark research outlines the current picture of the swap execution facility landscape.
Swift, DTCC Prepare CICI Portal
Following on their CFTC designation, Swift and DTCC are making changes to their LEI registration portal to accommodate CICI identifiers
Data Agent, Advent Release Joint Form PF Solution
The first Form PF filing date is August 29 for large firms.
CFTC Chooses DTCC, Swift To Provide Interim LEI
The Depository Trust and Clearing Corporation and Swift will provide the US Commodity Futures Trading Commission's interim legal entity identifier when it comes into use in September
Open Season For Instrument Codes?
Proprietary instrument codes, while now more open to outside users, may not become as standardized as the legal entity identifier - or will they? Some uncertainty is now in the mix for the LEI with a loosening of its federated administration model
CLS Designated as Systemically Important by FSOC
FX settlement facility tagged as crucial to US economy by regulator.
CLS Designated as Systemically Important by FSOC
FX settlement facility tagged as crucial to US economy by regulator.
Costs, Regulations Drive Firms to Review Data, Tech in Toronto
As data budgets remain tight, more firms in Toronto are focusing on implementing more flexible data architectures that are customizable, scalable and sustainable.
CFTC Moves Closer To Implementation Of Interim LEI
The Commodity Futures Trading Commission's decision on the definition of a swap paves the way for implementation in September of its interim legal entity identifier, but market participants are still waiting to learn who will provide the utility that…
Solvency II Report Clarifies Purpose of New CIC Standard
The European Insurance and Occupational Pensions Authority has emphasized that the complementary identification code is intended to help supervise the identification of risk and not to develop a consistent approach to data management
Business Continuity is Dead, Long Live Business Continuity
Regulators begin to wake up to cloud risks.
Toronto FIS Live: Adapting to a Changing Regulatory Landscape
Inside Reference Data editor Michael Shashoua reported via Twitter from the Toronto Financial Information Summit on July 12, covering a panel discussion on the impact of changing regulation on data management and trading technology
EIOPA Publishes Final Solvency II Reporting Requirements
The European regulator is recommending that firms base their preparations for Solvency II on its final report on disclosure and reporting requirements, despite the likelihood of some changes
Swift Appoints New Marketing Executive
In his new role, Javier Pérez-Tasso will be responsible for growing Swift's market share in areas including reference data
Summertime Blues
The reference data operations industry braces itself for the next wave of regulation represented by Solvency II
Steps To Solvency II
In a webcast hosted by Inside Reference Data on June 15, speakers established the pillars required for compliance with the European capital adequacy and risk regulation. Michael Shashoua reports
The Wait Is Over
With key decisions about LEI standards now made and clearer definitions of Fatca and other regulations completed, Asian markets, especially Japan, can begin to respond. Michael Shashoua examines how the compliance challenges are stacking up