Regulation
ASIC Proposes OTC Trade Repositories
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing the establishment of a trade repository regime for over-the-counter (OTC) derivatives.
Gensler Rebuffs Regulatory Reach Critics in FIA Keynote
US Commodity Futures Trading Commission (CFTC) chairman Gary Gensler has defended elements of the Dodd-Frank Act over perceived extra-territoriality, in his keynote address to the Futures Industry Association's (FIA) annual conference in Boca Raton,…
Drooms Launches Virtual Data Room for AIFMD
The vendor of virtual data rooms says its new product will help fund managers collect and report documentation needed for compliance with the Alternative Investment Fund Managers Directive
DTCC Wins Approval For Japanese Trade Repository
The post-trade services vendor has secured approval to operate a trade repository for over-the-counter derivatives trades in Japan, and will use the same messaging and software capabilities as it does for its other repositories in the US and Europe
US Swap Clearing Officially Begins
The US Commodity Futures Trading Commission (CFTC) announced yesterday that mandatory clearing had begun for certain swap trades entered into after March 11, 2013.
NICE Anticipates CFPB with New Ops Compliance
Israel-based NICE Systems says its Proactive Compliance Suite will help firms manage future new rules from the Consumer Finance Protection Bureau rules, mandated as part of the Dodd-Frank Act.
IRD's Editor on Trans-Atlantic Regulatory Rift
Inside Reference Data editor Michael Shashoua summarizes recent reporting about continuing conflicts over identifier and tax regulations and standards
SEC Mandates Regular Testing of Technology
The Securities and Exchange Commission (SEC) has approved plans to replace voluntary testing of technology with regular, mandatory evaluations.
Legal Entity Identifiers special report
March 2013 - sponsored by: Alacra, Avox, a DTCC Company, CUSIP Global Services, Kingland Systems, Thomson Reuters, SIX Financial Information
Trans-Atlantic Regulatory Storms
Features in the upcoming March issue of Inside Reference Data identify continuing conflicts over identifier and tax regulations and standards, describing how these divert attention from data management improvement possibilities
GBST Aims to Hasten Tax Data Processing
The software and services provider has launched a new rules-based engine that will help firms manage the transactional flows associated with existing and future taxes on financial transactions
Leveraging Identifiers and Systems
Inside Reference Data speaks to Robin Doyle, managing director, regulatory strategy and policy, at JPMorgan, about the implementation of legal entity identifier registration set to begin soon
Taxing Times
Decisions by France and Italy to introduce taxes on financial transactions have created new challenges for data managers who must identify all instruments that are affected. As more European countries plan to roll out similar taxes, firms will have to…
Swift, DTCC Move Forward On LEI Registration
The industry utilities have increased the number of identifiers now registered, as other interested parties such as the FSB's Central Operating Unit also make progress on preparations
Swift's McMahon on DTCC Partnership, Corporate Actions
Malene McMahon of Swift Americas speaks with IRD editor Michael Shashoua at the Swift event in New York
Visions of a Corporate Genome Map
The CFTC interim identifier may not be enough of a spark, but other bright lights illuminate ways to map entities, says Wipro's Jennifer Ippoliti
Partnership Creates Cusip Route To CICI Registry
The DTCC and Cusip Global Services have formed a partnership for the assignment of CICI identifiers
Clearing Trade Reporting Hurdles
With many firms now familiar with the Commodity Futures Trading Commission's trade reporting requirements, the next big challenge is the European Market Infrastructure Regulation. Once these two have been overcome, new reporting requirements in other…
IRD's Editor on LEI Progress
Inside Reference Data editor Michael Shashoua points out issues with the implementation of the legal entity identifier that preclude further innovation
Risk, Cost and Geographical Concerns Limit Shorter Settlement Moves
As Europe moves towards T+2, or settling two days after trade date, moves to further shorten settlement cycles are unlikely to be mandated by regulators, panelists and attendees at the FPL EMEA Trading Conference said last week.
South Korean Government Approves Central Clearing
The South Korean Financial Services Commission (FSC) has announced that central counterparty clearing houses (CCPs) will be mandated for certain over-the-counter (OTC) derivatives transactions.
Staring Down the Barrel of Mifid III
Delays and frustrations could prompt a third round of reviews in Europe, which is exactly what we don't need.