Regulation
Michael Shashoua: Basel III’s Fault Lines
The likelihood that the Basel III capital adequacy rules will not take effect in January as planned is not surprising. Michael asks if the delay will allow for extra time to make the rules more effective or is it just a necessary evil to get…
Open Platform: How to Tackle Digital Investigations
Internal investigations, underpinned by a unified investigations solution, can help financial services firms meet the demands of multiple regulations and frameworks. By Frank Coggrave
High-Frequency Trading: Handle with Care
Steve Dew-Jones unearths disquiet among market participants, following the European Parliament’s unanimous vote in favor of European Commission proposals to restrict the practice of high-frequency trading.
Is Grease The Word for Identifiers?
Reference data management operations still need some stimulation to move forward on LEI implementation
European Parliament Affirms Mifid II Proposals To Curb HFT, Create OTFs
The European Parliament today rubber stamped regulatory proposals set out by the European Commission in its Markets in Financial Instruments Directive (Mifid) and Regulation (Mifir).
Chi-X Japan Given Proprietary Trading System Status
Chi-X Japan has been granted proprietary trading system (PTS) status by the Japanese Financial Services Agency (FSA).
Foresight Publishes Final HFT Report
Foresight, a UK government-affiliated research group located within the department for Business, Innovation and Skills (BIS), has published its final report on computer-based trading (CBT).
Legal Entity Identifier webcast: Implementation Challenges
During an Inside Reference Data webinar on October 17, industry experts discussed the latest developments in implementation of the legal entity identifier (LEI).
New Urgency For Data Aggregation
The Basel Committee on Banking Supervision has established a timeline for meeting new data aggregation and reporting standards for risk management—and this action should get big firms' attention
Private Sector Group Weighs Thin Versus Fat LEI Structure in Basel
Regulators will consider whether the legal and governance structures of the legal entity identifier system should be “thin” or “fat,” following presentations on the topic by private sector representatives at a workshop held by the Financial Stability…
Cass Questions Circuit Breakers in New Study
The Cass Business School at City University, London, has released an academic paper questioning the validity of measures put in place after the Flash Crash to ensure market stability.
LEI Operating Arm Should Be Lean And Fast, Say Basel Delegates
Regulators will consider recommendations that the operating arm of the legal entity identifier system should be kept lean and fast to begin with, following a meeting of the Financial Stability Board's Private Sector Preparatory Group
Dyson Appointed Deputy CIO At SEC
In her new role, Pamela Dyson will be responsible for continuing to modernize the information technology systems of the regulatory body, which is headquartered in Washington, DC
The Curious Case of the Nifty
The Flash Crash on India’s exchange highlights the perils of instituting catchy mechanisms like circuit breakers without really analyzing what causes problems in the first place.
Regulatory Reckoning
Basel III rules aren't being implemented quickly enough to meet January 2013 deadline, but what does that mean?
JPMorgan Backs Swift's MyStandards
Firm's payments business has begun making the application available to its clients, in what looks like a prelude to securities units also doing so
Innovation Revs Up
Take a look beyond a list of acronym-named regulations to the innovations and reconsidered management approaches in reference data, as presented and discussed at EFIS and reported by Inside Reference Data
Credit Suisse CIO: Tap Unmeasured Data For Investment Advantages
Credit Suisse’s Adam Broun tells Michael Shashoua about his approach to demonstrating the need to build data management technology within a firm
Jake Thomases: Dodd–Frank Under Romney: Weakened But Not Dead
Jake looks at what might happen to the Dodd–Frank Act if Mitt Romney’s presidential campaign is successful. For all his threats against it, the financial services industry should be aware that, like Mark Twain, reports of its death have been greatly…
Standards Coronation
The ISO 10962 Classification of Financial Instruments code is due for an overhaul, says Martin Sexton of London Market Systems. What will the new reigning standard look like?
EDM Council Tackles Data Quality
The industry association has begun collecting feedback on data quality requirements set out in Basel III regulation, to plan a data quality initiative
Anthony Malakian: A Postscript on Form PF
Complying with the new Form PF requirement is a burdensome, time-consuming task. But Anthony says that it doesn’t have to be a nightmare, as long as the proper amount of preparation is done.
Target2-Securities: Give and Take
Work on the Target2-Securities project, the pan-European settlement platform developed by the European Central Bank, continues to gather pace ahead of its 2015 launch date. What will it mean for central securities depositories, which are outsourcing…