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Breana Patel

AML BSA compliance : Revised CDD rule

Background 11.5 million documents, a staggering number, were leaked from Panamanian law firm ‘Mossack Fonseca’ in 2015. The contents of these documents, mostly financial information about wealthy indi...

17 Oct 2017
Financial Services Regulation
A Finextra Member

Who makes the decisions around here?

Recording the execution decision maker is a new requirement under MiFID II. Working out how to populate that field turns out to be trickier than expected. Take a buy-side that gives strict execution i...

17 Oct 2017
MiFID
Breana Patel

CCAR : Current and Future trends

It’s been nearly a decade since the financial crisis of 2008. However, the Comprehensive Capital Analysis and Review continues to be an ever-evolving process. Trends for 2017 and 2018 show that the Fe...

16 Oct 2017
Financial Services Regulation
Anne Plested

The MiFID II waiting game

We are now well into October and market participants are still waiting patiently for ESMA to provide details of instrument data for MiFID II. The industry is keen to consume important data to drive fu...

13 Oct 2017
Freddie McMahon

CHATBOT BANK TELLERS BEGIN JOINING THE WORKFORCE WITH REGTECH CHATBOTS EXPECTED TO FOLLOW IN 2018

DBS Bank has been recognised as the Bank of the Year, Asia by The Banker, a member of the Financial Times Group, and Best Bank in Asia-Pacific by Global Finance. The bank has also been named "Saf...

13 Oct 2017
Fintech
Charles Platt

PSD2 - 'Pop Idol' for Fintechs?

There is a dichotomy at the heart of talent shows like Pop Idol. Catapulting inexperienced people into the mainstream music business, controlled by distributors rather than producers, typically leads ...

11 Oct 2017
Business Knowledge for IT
A Finextra Member

Is RegTech the Silver Bullet to Fighting Financial Crime or is there more to it?

The 2016 Global Terrorism Index reported a 650% increase in deaths from terrorism amongst OECD member countries. In this environment, it is no surprise that governments are making a strong attempt to...

10 Oct 2017
Finextra@Sibos
Jean-Stephane Gourevitch

Red skies at dawn: Impacts of increased coordination between data protection and competition policy

It is commonly acknowledged that data are a fundamental engine for growth in the 21st Century economy. It is particularly true in Fintech and Insurtech, where most of the innovative products and servi...

09 Oct 2017
Digital Banking Trends
Freddie McMahon

GDPR CUSTOMER CONSENT TERMS AND CONDITIONS IN CONTENT FORM ARE NO LONGER FIT FOR PURPOSE

GDPR CUSTOMER CONSENT: TERMS AND CONDITIONS IN CONTENT FORM ARE NO LONGER FIT FOR PURPOSE - NOW IS THE TIME FOR CHATBOT DIALOGUE Consent is to give permission for something to happen. Consent...

06 Oct 2017
Internal Auditors in Financial Services
Claus Christensen

Time for technology to take the hard work out of KYC

A tidal wave of new regulations is coming, and it’s keeping KYC compliance officers awake at night. From the Fourth Anti-Money Laundering Directive being implemented now to MiFID II and GDPR due ne...

04 Oct 2017
Fintech
A Finextra Member

Regtech: what's in a name?

This week's CSFI (Council for the Study of Financial Innovation) discussion between representatives from the Bank of England, VC Illuminate Financial and Kompli-Global, an intelligent KYC/AML utility,...

04 Oct 2017
Financial Services Regulation
Paul Miserez

Security and compliance through standards

At the occasion of the 2017 Standards Forum to be held at Sibos in Toronto, Canada from 16 to 19 October, I interviewed a number of SWIFT standards experts about the content of this year's programme....

03 Oct 2017
Standards Forum

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