Regulation
Bats Europe Begins Client Testing for Mifid II Order Record-Keeping Requirement
European exchange calls for harmonization across industry.
Why Deutsche Börse is All About Regtech
Regulatory services unit of exchange group looks to partner with innovators
Australian Markets Monitor Changing Data Operations
AUSTRAC discarding ETL for less-structured data transmission
Misys Prepares to Support Banks for FRTB Compliance
Vendor readying enhanced FusionCapital Risk solution
ICE Faces Potential Sale of Trayport Over CMA Inquiry into Lessening of Competition
UK watchdog raises issue of potential “substantial lessening of competition” as a result of $650 million acquisition last year, suggests “complete divestiture” as possible remedy.
CMA Proposes ICE Sells Trayport Due to Acquisition Causing a Lessening of Competition
UK watchdog raises issue of potential “substantial lessening of competition” as a result of $650 million acquisition last year, suggests “complete divestiture” as possible remedy.
Rise of the Semi-Transparent (Nontransparent?) Active ETF
Eaton Vance is the first to launch an exchange-traded managed fund, with Precidian (and others) looking to release similar offerings.
FCA Reveals Users' MiFID 2 Cost Concerns, Outlines Proposed Reporting Platform Fees
FCA meeting minutes show users expressing their concerns about the cost of data, post-MiFID 2, while the FCA outlines the costs of its own MiFID 2 reporting solution.
Trump's Comments on Regulation Might Be His Most Ridiculous Yet ... Seriously
Calling for a moratorium on regulation in financial services is a bad idea, Dan says.
Tullett Prebon, Tradition Among First on GreenKey's Design Partner Program
The program also features seven tier-1 banks and several global exchanges.
Finra Fines Deutsche Bank Securities $12.5 Million for Significant Supervisory Failures Around Research, Trading-Related Information
German bank subsidiary repeatedly ignored red flags and internal warnings from firm's compliance department around its supervision of internal communication.
Dawn of the PTF: An Inside Look at Canada's Attempt to Revive the Mutual Fund Market
Invesco Canada, TMX Group and potentially even Fundserv are building products that blend ETFs and active mutual funds.
UnaVista Launches Testing Environment for MiFIR Reporting
Credit Suisse among clients now testing capabilities
UK Firms Consider How Brexit May Change Compliance Data Needs
The message from regulators is clear: firms must comply with current European regimes. But in the longer term, the answer is that the only certainty is uncertainty
FINRA Fines BarCap $1.3M for Reporting ‘Failures'
The failures included missing or duplicate reports, and erroneous data for timestamps and execution quantities, among other data fields.
Going Public: Firms Embrace Public Clouds
What will it take to get financial firms to completely buy in to public clouds?
BMO Latest KYC.com Addition
BMO's signing is expected to accelerate adoption of the service in Canada, a Markit director says.
MAR Triggers Sophisticated Technology
Firms need to adopt new technologies in data surveillance and monitor communications to check for market manipulation intent
FCA Sets Sights on Regtech
UK regulator's Project Innovate looks at regulatory reporting, KYC
Waters Wavelength Podcast Episode 27: Trading Turrets, Sifma's CAT Comment Letter
Dan and Anthony talk about the future of trading turrets and Sifma's response to the CAT plan.
ESMA Fines Fitch for Ratings Rules Breaches
Over an 18-month period, ESMA found nine instances where Fitch analysts shared information with Fitch's parent company, in breach of ESMA rules.
Sifma Comment Letter Latest in Long Line of CAT Issues
The hurdles the CAT has faced stem from the SEC giving the power to SROs.
Sifma: CAT NMS Plan Has Issues with Duplicative Systems, Cost, Data Security
Industry group criticizes SROs; calls for regulatory body to resolve issues before approval of development plan.
Blockchain for Regulatory Reporting?
Fintech expert: As distributed ledger technology matures, its use cases are becoming clearer