Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

Sam Goffman Business analyst at Forex

The worst month for Bitcoin in seven years and ICO problems

On Saturday, December 1, the cost of Bitcoin rose to the level of $4,300. Then it dropped again: today, December 5, the cryptocurrency is trading at $ 3,850. Last weekend, several events occurred at once that have already influenced the situation in the industry and may change it in the future. 77.6% miners use renewable energy sources CoinShares ...

05 December 2018 /inclusion

Henri Wajsblat Financial Services Expert at Anaplan

Demystifying banking stress tests

Henri Wajsblat, Anaplan’s Head of Financial Services Solutions, interviewed Chappuis Halder Director Vincent Wiencek about implementation challenges of banking stress tests, and what banks should expect from technology. Q: Among all banking regulations, stress tests seem to be a major concern. Why are stress tests a real challenge for the banks?...

08 November 2018 /regulation

Martin Kisby Head of Compliance at Equiniti Credit Services

Don’t be weak in spotting vulnerability

Is the answer to how best to define a vulnerable consumer really as simple as quoting the FCA’s definition? “A vulnerable consumer is someone who, due to their personal circumstances, is especially susceptible to detriment, particularly when a firm is not acting with appropriate levels of care.” Whether every vulnerable consumer ‘is especially susc...

24 October 2018 /regulation

Brandon Li Product Manager at Austreme

Brand Protection: Combating Online Counterfeit with AI

Online sales of branded and luxury items have been rising drastically, in the recent decade. While all the brands are investing big money on establishing online stores, organizing marketing campaigns and doing all the operation enhancements, on the other hand, the online counterfeit sellers are taking a free ride on brand owners’ effort and inv

10 October 2018 /ai /regulation

Fabio Urso Director - Industry principal - CLM and KYC at Pegasystems

GDPR and Onboarding

Conforming to GDPR across the Customer Lifecycle One of the most talked about regulations in recent years has been GDPR (General Data Protection Regulation). This EU law was adopted in April 2016 and came into force on 25th May 2018. As well as providing data protection and privacy rights to EU residents, it has wide reaching implications globally...

27 September 2018 /regulation /wholesale

Henri Wajsblat Financial Services Expert at Anaplan

Mapping your journey to IFRS17 compliance

The International Financial Reporting Standard 17 standard (IFRS17) is not just another regulation – it will fundamentally change the way that insurers can and will operate around the world. At its core, IFRS17 will create an international, uniform view of insurers’ reporting of financial statements. Where previously each regional market disclosed...

23 August 2018 /regulation

Eran Noam Vice President Global Sales & Business Development at Shield FC

Capturing Communications isn’t Compliance

It is six months since the Markets in Financial Instruments Directive (Mifid II) came in to force and two months since the General Data Protection Regulation (GDPR), which means you are probably feeling the effect of regulation exhaustion. It is undoubtedly a long and tiring road to get to a stage where you can say, with confidence, that the organ...

06 August 2018 /regulation

Retired Member 

Huge money and reputation. Why does the market need institutional investors?

Large investment funds, banks and other traditional financial organizations are getting closer to the blockchain technology. Under a certain scenario, they may bring this sphere to a new level. An important stage in the development of the cryptocurrency market is the arrival of institutional investors. These are insurance organizations, banks, inve...

31 July 2018 /regulation

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

Challenges in Building Effective Risk Appetite

A Difficult Task, But a Necessary One The Challenges of Gauging Effective Risk Appetite Managing a bank’s risk appetite strategy is unique to each organization. Unlike some areas that are more clearly regulated — for example, FDIC-insured deposit accounts — the level of risk an institution is willing to incorporate into its overall management port...

16 July 2018 /regulation /wholesale

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

The Big Bang of Fintech , Regtech and Suptech

Imagine a capital markets desk of a financial institution where a trader is about to press enter on the keyboard to initiate a market position when a message pops up on the computer screen from a regulatory agency notifying of a compliance violation before the trade is entered. With the emergence of SupTech, that day is closer than you think. As...

16 July 2018 /ai