Regulation
Industry Addresses Solvency II Readiness
For some firms, data management operations necessary for compliance with the regulation will take right up to the January 2016 deadline. Others may need more time, industry sources say
Solvency II LEI Imperative Makes Progress
The regulation's proposed requirement for reporting using legal entity identifiers is nearing the end of its industry comment period, and firms that will be affected are looking at how to comply.
LuxCSD Goes Live with LEI Registrations
The Luxembourg securities repository has launched its legal entity identifier service, powered by the DTCC
DTCC Seeks to Expand Real-Time Submission
With an eye on moving the industry forward and increasing efficiency in trade clearance submissions, the DTCC held a forum with the NSCC and industry participants focused on how to reduce risk and streamline the process.
FCA Fines Deutsche Bank for Extensive Reporting Errors
The UK Financial Conduct Authority (FCA) has levied a fine of £4.7 million (approximately $7.8 million) on Deutsche Bank for submitting nearly 30 million incorrect trading reports over a number of years.
With Swap Volumes Slacking, Tech to Serve as SEFs' Differentiator
As the new world of SEF clearing starts to shape, TrueEX's Sunil Hirani says that smaller venues will have differentiate themselves against the larger players by being better at second-order functions.
Chinese LEI Registrar Launches
LEI China, established by the China Financial Standardization Technical Committee certified by the LEI ROC authority last year, has started operating
Gaining Momentum, In Two Flavors
A new analytics product focused on momentum trading leads this week's content, while a different kind of confidence, and some welcomed calmness, settles in as the second EMIR reporting deadline hits.
EMIR Coming Into Focus with Quieter Second Deadline
With the passing of the second deadline occurring with relative ease, firms are slowly getting a better grasp of the European Market Infrastructure Regulation, but there is still plenty of room for improvement in terms of participation, particularly…
EMIR Coming Into Focus with Quieter Second Deadline
With the passing of the second deadline occurring with relative ease, firms are slowly getting a better grasp of the European Market Infrastructure Regulation, but there is still plenty of room for improvement in terms of participation, particularly…
Data Requirements May Place Strains on Bank Infrastructure for Corep Compliance
Legacy systems and continued use of Excel are making it difficult for firms to upgrade taxonomy in keeping with deadlines set by the European Banking Authority for its reporting guidelines
DTCC, Swift Top Ranking of LEI Infrastructures
The first quarterly ranking from Tabb Group puts the US legal entity identifier providers at 97% comprehensiveness for more than 140,000 records
Swearing the Oath of the Data Watch
Strapline: Industry Warehouse
Facing Up to the New Regulatory World
The BCBS 239 risk data aggregation principles, CCAR and FDSF stress tests, and COREP and FINREP reporting frameworks are some of the most significant new measures developed by regulators and are having a major impact on data management, writes Nicholas…
Tokyo LOU Goes Live; Canadian LOU Designated
The Japan Exchange Group has launched its local operating unit for implementation of the legal entity identifier, as designated by LEI ROC. The committee has also tapped CDS Clearing and Depository Services as Canada's LOU
CME Clearing Europe Approved as CCP
The Chicago Mercantile Exchange Group's (CME) European clearinghouse, CME Clearing Europe, has received regulatory approval to operate as a central counterparty clearinghouse (CCP) in accordance with the European Market Infrastructure Regulation (Emir).
GLEIF Sets Fees For LEI Licensing
The foundation, which is responsible for legal entity identifier infrastructure and principles, is relying on the licensing fees to fund the central operating unit administering LEIs
Nasdaq Ships Surveillance Tech for trueEx
Nasdaq OMX's Smarts surveillance platform will oversee both the swap execution facility (Sef) and designated contract market (DCM) operated by trueEX, the exchange group has announced.
CFTC Extends DTCC-Swift's LEI Designation
The US Commodity Futures Trading Commission (CFTC) has extended the designation of the Depository Trust and Clearing Corporation-Swift (DTCC-Swift) as the provider of Legal Entity Identifiers (LEIs).
Eze Adds AIFMD Functionality to Reporting Product
Eze Software is helping funds manage reporting requirements of the EU directive, which include submitting information about regional, counterparty and asset class exposures
Eze Software Adds AIFMD Reporting Component to Regulatory Filings Manager
Eze Software Group can now support Alternative Investment Fund Managers Directive (AIFMD) filings through its Regulatory Filings Manager offering.
UK SFO Launches Criminal Probe into FX Market
The UK Serious Fraud Office (SFO), has announced that it is opening a criminal investigation into purported fraud in the foreign-exchange (FX) market.
Interactive Data Adds Support for AIFMD Classifications
The pricing and data vendor has added coverage of the data that alternative investment fund managers will need to comply with new classifications mandated as part of the European Union directive
The Value Of Sharing
Collaboration and cooperation, along with openness to innovative ways of handling data, are valuable assets that data operations professionals should be willing to use.