Latest Reporting/compliance News: Finextra Research

RegTek.Solutions gets visual with Optimity Advisors

RegTek.Solutions, today announced a partnership with Optimity Advisors, a global consulting firm, to bring data visualization and exception-based analytics to the regulatory reporting space.

30 January 2018

Company update/Reporting/compliance

Regis-TR confirmed as the SFTR Trade Repository for Clearstream and Eurex

REGIS-TR, the pan-European leader in G20 trade repository services will be the Trade Repository of choice for Clearstream and Eurex, providing a fully flexible reporting service solution for Securities Finance Transaction Regulation (SFTR) requirements.

30 January 2018

Company update/Reporting/compliance

StarLeaf ensures MiFID compliance for video confering suite

StarLeaf, leading provider of meeting room and management solutions for Microsoft’s UC platforms Skype for Business and Teams, is the first manufacturer to offer meeting room systems that are fully-primed with a precise set of functionality, which enables financial service organisations to comply with the new Markets in Financial Instruments Directive (MiFID II).

29 January 2018

Company update/Reporting/compliance

FCA slaps Interactive brokers with £1m+ fine for post-trade failings

The Financial Conduct Authority (FCA) has today imposed a financial penalty on Interactive Brokers (UK) (IBUK) in the amount of £1,049,412 for failings in its post-trade systems and controls for identifying and reporting suspicious transactions in the period February 2014 to February 2015 (‘the Relevant Period’).

25 January 2018

Company update/Reporting/compliance

Sionic Mobile announces Don Westcott as chief compliance officer

Sionic Mobile, a cloud-based connected commerce provider, today announced Don Westcott has been named Chief Compliance Officer.

25 January 2018

Company update/Reporting/compliance

Aquis chosen to supply UBS MTF with surveillance kit

Aquis Technologies, the financial and regulatory technologies services arm of Aquis Exchange, has been chosen by UBS MTF as its supplier of market monitoring, surveillance and reporting software.

23 January 2018

News/Reporting/compliance

Euronext seizes majority conrol of InsiderLog

Spotting an opportunity for profit from new Market Abuse Regulations (MAR), Euronext has spent €5.8 million to acquire 80% of the assets of InsiderLog, a Stockholm-based supplier of insider list management.

18 January 2018

News/Reporting/compliance

China regulator says fintech must serve real economy

One of China's senior financial regulators has stated that the government will only support fintechs that serve the real economy, casting further doubt on the future of virtual currencies and related technologies within China.

16 January 2018

News/Reporting/compliance

Fired Barclays trader testifies about use of FX algos

A London court has heard testimony from a fired Barclays FX trader about his use of the bank's FX algorithmic trading system in his bid to win his job back, reports Bloomberg.

15 January 2018

Company update/Reporting/compliance

Thomson Reuters goes live with MiFID II services

Thomson Reuters has successfully gone live with its key MiFID II services, helping the financial services industry meet the new regulatory requirements.

11 January 2018

News/Reporting/compliance

Lombard Risk agrees to Vermeg takeover offer

The board of UK-based banking and compliance software firm Lombard Risk has accepted a cash for shares offer from Dutch software firm Vermeg.

11 January 2018

News/Reporting/compliance

ESMA delays MiFID II rules on dark pool caps

The European Securities and Markets Authority (ESMA) has delayed the introduction of new rules on dark pool trading, a key part of its MiFID II initiative.

10 January 2018

Company update/Reporting/compliance

Jefferies goes live with Percentile’s RiskMine Cube

Percentile, leading innovator in risk management and RegTech, today announced that Jefferies, the global investment bank, has gone live with Percentile’s RiskMine Cube software.

09 January 2018

Company update/Reporting/compliance

Western Union fined $60 million for violating AML laws

Financial Services Superintendent Maria T. Vullo today announced that Western Union has agreed to pay a $60 million fine as part of a consent order with the New York State Department of Financial Services (DFS) for violations of New York Bank Secrecy Act (BSA) and anti-money laundering laws (AML).

04 January 2018

Company update/Reporting/compliance

Commcise expands US business development team

Commcise, the award-winning provider of integrated commission management, research evaluation and reporting solutions for investment management firms, is delighted to announce the arrival of Melissa Umans as Director of Business Development in the New York Office.

04 January 2018

Company update/Reporting/compliance

Linedata forges partnership with London Stock Exchange Group’s UnaVista for MiFID II

Linedata (Euronext Paris: LIN), the global solutions and outsourcing services provider to the investment management and credit finance industries, today announced a partnership with London Stock Exchange Group’s UnaVista for transaction reporting requirements, as part of its ongoing drive to provide clients with market leading solutions compliant with the European Union’s Markets in Financial Directive II (MiFID II).

03 January 2018

News/Reporting/compliance

MiFID II arrives: now the hard work starts

MiFID II,the biggest shake-up in financial regulation for a decade may have arrived, but for asset managers and brokers across Europe the work continues as the complexity and costs of full compliance begin to emerge.

03 January 2018

Company update/Reporting/compliance

FCA on EBA guidelines for security of payments under PSD2

On 12 December 2017 the European Banking Authority published final Guidelines(link is external) on security measures for operational and security risks of payments services under the revised Payment Services Directive ('the Guidelines').

28 December 2017

Company update/Reporting/compliance

FCA statement on EU withdrawal

On December 15 2017 The European Council confirmed that sufficient progress had been made to move to the second phase of negotiations related to transition (the implementation period) and the framework for the future relationship between the UK and the European Union.

20 December 2017

Company update/Reporting/compliance

Bank of England provides EU passport workaround for international banks

As discussions on the UK’s future relationship with the EU continue the Bank of England is announcing today that it is consulting on an updated approach to authorising and supervising international banks and insurers, and it is issuing guidance on its approach to international central counterparties (CCPs).

20 December 2017