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.

Darren Capehorn Director of Services at Icon Solutions

Pan-European instant payments: Less talk, more action!

Last December the European Retail Payments Board (ERPB) proposed a definition for a European wide immediate payment solution, which included the following summary text: “Instant payments are hence defined as electronic retail payment solutions available 24/7/365 and resulting in the immediate or close to immediate interbank clearing of the transact...

11 June 2015 /payments

Abhishek Chatterjee Managing Partner at Gartner Inc.

Single Digital EU Market - A Digitally energized Marketplace

Recent European commission's report stressed the need for single Digital market across EU states and how it will benefit consumers, SMEs and start-ups, creative sectors and industry at large. EU commission outlined the challenges & described a 3 year roadmap to move towards a single digital EU economy. And information & communication Techn...

21 May 2015 /regulation

Ramani Balakrishnan Transformation Solutions at TCS

TRID is almost here- are the mortgage lenders ready?

- are your product vendors ready ? - if you are moving from one LOS to another, are u making changes in both LOS? -are you sure your product vendor will support all loan types? -how do you collaborate with settlement agents now? you need to issue accurate CD 3 clear days before closing? - where are you now?

18 May 2015 /regulation /retail

Marc Murphy CEO at Fenergo

Managing Regulatory Data is Key to Faster Compliance and Client Onboarding

It’s been a calamitous few years for investment banking. Between profit slumps, job cuts, unprecedented fines for non-compliance and the incessant onslaught of regulatory pressures, it’s been one controversial crises after another. So much so that financial institutions have been busily retrenching and reducing the size and importance of their inv...

21 April 2015 /regulation /wholesale

Abhishek Chatterjee Managing Partner at Gartner Inc.

Future of Transaction Banking - Standardize, Digitize, Innovate

Future of transaction banking is full of possibilities & it will be primarily driven by customer experience, higher B2B collaboration & exchange of information, real time transaction management & view of cash. Banks not only need to make sure they serve customer across SME, whole sale and corporates well, but also keep an eye to end cus...

14 March 2015 /payments

Retired Member 

Summary of Risk Mitigation Standards for Non-Centrally Cleared OTC Derivatives

Following a consultation process to a proposed report, late last month the International Organization of Securities Commissions (IOSCO) published its final report outlining standards to help reduce risk in the non-centrally cleared OTC derivatives markets. The report, titled “Risk Mitigation Standards for Non-Centrally Cleared OTC Derivatives,” ha...

18 February 2015 /regulation

Hugo Cuevas-Mohr CEO at Mohr World Consulting - IMTC Conferences

On De-Risking, The Somalian Remittance Crisis and the MSB Bank Discontinuance crisis

In English, a “moving target” is when you set your expectation for something – some task, some desirable outcome, a target, and then when it is met you ‘move the target’ and set another expectation. It means that the person or entity you have set the expectation for is never able to fulfill it, never reaching the target. And “De-Risking” is fast b...

13 February 2015 /payments /regulation

Abhishek Chatterjee Managing Partner at Gartner Inc.

Digital banking through effective data supply chain management

If we think carefully, Data supply chain starts from data creation and ends when value added services or product is created from raw data. This largely happens as it transfers hands & get enriched through interaction with customer, business, Operations, and IT. Ever maturing digital world is creating challenges for organizations due to high ve...

08 February 2015 /regulation

Retired Member 

The mortgage world 2014 in 140 characters or less

The mortgage world 2014 in 140 characters or less A Twitter snapshot of the mortgage market in 2014 from @henry_woodcock IRESS principal mortgage consultant. January January started looking back at 2013 and forward to the impact MMR changes and the continuing issues around housing, rents and the efficacy of government initiatives in 2014. Early war...

08 January 2015

Abhishek Chatterjee Managing Partner at Gartner Inc.

Mobile Payments - Revolution through Digitization

While Payment industry is seeing a major consolidation at the Banking middleware and Back Office (payment processing, clearing and settlements) processes, I see a great degree of disruption in the Payments origination & instrumentation processes led by mobile devices. This generates equal opportunity to the end-customers, banks, merchants, mer...

02 January 2015 /payments