The revised Markets in Financial Information Directive (Mifid II) went into effect at the start of 2018 and, as with any significant regulation go-live, there were some hiccups. Three months later, there are still gaps that need to be filled –…
While the consolidated audit trail (CAT) may have missed its initial November go-live date, the project is far from over. Broker-dealers will still need to report to the system when compliance deadlines are finalized, and it may be wise to begin…
The collaboration will be geared toward developing services that employ both AI and ML techniques to spot fraud, while helping banks with their development roadmaps.
A higher budget, on the other hand, could bring in extra staff to monitor clearinghouses and fraud manipulation in crypto markets, says CFTC commissioner Quintenz.
Financial institutions in Singapore have 24 months to be fully compliant with the Monetary Authority of Singapore’s revised notices 610 and 1003 for collecting trade data—though details of some asset classes will be released later, as the industry…
The upcoming FRTB market risk framework allows financial firms to take different approaches to non-modelable risk factors: either capitalize risk factors that lack observable pricing in-house, or use a vendor-run data pooling utility. But, as Dan…
With Mifid II's deadline in the rear-view mirror, Hamad Ali gives a "State of the Union" for the fixed-income market and electronic trading platforms.
Platform gives greater transparency for compliance with unbundling requirements under European rules.
Good data governance plans will be key to compliance with new sweeping legislative changes from the SEC. But for those who haven’t established effective data governance practices—and even for many who have—the changes could prove a steep and arduous…
Wavelength Podcast Episode 118: CAT ‘State of the Union’, RTS 27 & 28 Concerns, The ‘Big Tech’ Dilemma
Anthony and James discuss some of the big stories to come out of TradeTech Europe and then three legal experts look at how the SEC has been quiet about the CAT.
Speakers and attendees at TradeTech Europe called, with varying degrees of subtlety, for a relaxation of regulatory reform.
Tech giant has no immediate plans to enter the space outside of its role as a service provider, despite uneasy conference chatter.
Looking ahead to GDPR, ARMs and trading venues are developing ways to better protect the personal data they are required to collect, report and store under Mifid II, while investment firms tasked with providing personally identifiable information to the…
Users will have access to news and corporate data from Nikkei MM for KYC and AML compliance, and the ability to monitor their exposure to entities or individuals linked to the Yakuza.
Brokers are concerned that reports on best execution, due in just a few days, may be too onerous to produce in full.
Experts warn venue reports will be unreliable and effectively bereft of value for investors.
In addition to its work with Isda, the fintech startup also has projects in the works with ING Bank and the FCA.
Regulators are more engaged with meeting with fintech firms to understand how they can work with AI for compliance.
Increasingly sophisticated schemes are targeting firms and individuals, watchdogs say.
Know your client (KYC) is now more important than ever. With regulatory compliance remaining onerous, capital market firms need to be heavily dependent on the collection, processing and management of client and counterparty data, documentation and…
Product offers augmented regulatory tracking in first phase, will expand to track enforcement actions in the future.
Bickering between regulators rarely helps anything, but power plays involving CCPs are even less helpful.
Tie-up aims to deliver a comprehensive transaction reporting remediation solution.
Vendor expands RegFocus platform with surveillance capabilities designed to detect suspicious trading behavior.