683 articles tagged with this keyword
News/Reporting/compliance
The Securities and Exchange Commission has approved plans to create a vast Consolidated Audit Trail (CAT) tracking transactions as they pass through US equity and options markets.
16 November 2016
Eight Latin American central banks have signed up to adopt Swift's sanctions screening service and KYC Registry in an effort to combat the threat posed to the region by de-risking measures imposed in correspondent banking relationships.
04 November 2016
Abu Dhabi Global Market (ADGM) has opened the doors to applications from local and international fintech firms to test their services in a sandbox regime under the auspices of a newly-created 'RegLab'.
02 November 2016
Icap has acquired UK regulatory reporting outfit Abide Financial for an undisclosed sum.
13 October 2016
Traders beware: Samsung has unveiled a new mobile voice recording system (MVRS) for Galaxy phones that can not only listen in on every conversation but also track your movements and monitor you data usage.
30 September 2016
IBM is to acquire risk management and regulatory compliance consulting firm Promontory Capital and create a new subsidiary, Watson Financial Services, in which it will use artificial intelligence technology to keep pace with the rapidly changing financial reporting landscape.
29 September 2016
French regulator are speeding up licensing procedures and providing an English-speaking contact for British financial institutions and fintech firms looking to relocate their business in the event of a hard exit from the European Union.
Deutsche Bank is facing sanctions from US regulators over a catalogue of failures that afflicted its swaps data reporting functions.
19 August 2016
Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.
22 July 2016
The US Securities and Exchange Commission has slapped a $7 million fine on Citigroup to settle charges that a computer coding error caused the firm to provide the agency with incomplete 'blue sheet' information about trades it executed.
14 July 2016
The British Bankers Association (BBA) has backed a plan to merge four of the UK's financial services lobby groups into one industry body.
10 June 2016
India's central bank is to set up a committee to explore the potential for the country's fintech market which is predicted to double in worth to $2.4bn in the next four years.
08 June 2016
A US congressional committee is to investigate the Federal Reserve's cyber security practices, according to Reuters which recently reported that there have been more than 50 cyber breaches at the central bank between 2011 and 2015.
06 June 2016
Swift is working with its internal innovation unit Innotribe to scout for new compliance software and prototypes that could be used to complement its global KYC Registry service.
17 May 2016
Delays in the publication of Regulatory Technical Standards (RTS) for MiFID II are having a positive side effect - incentivising financial services firms to take on major system overhauls in a bid to reduce their technology debt, claims a paper from GreySpark.
The Securities and Exchange Commission (SEC) has set out plans to build a database, called the consolidated audit trail (CAT), which will help regulators track all trading activity in the US equity and options market.
28 April 2016
A key US banking regulator is set to develop a framework for governing new fintech startups, according to the Wall Street Journal (WSJ).
29 March 2016
Swiss financial markets watchdog Finma has pushed through a raft of new initiatives in a bid to stimulate further growth and innovation in the country's emerging fintech sector.
18 March 2016
The European Commission has asked capital markets watchdog Esma to reconsider some of the more contentious aspects of its planned reforms of MiFID II, raising the prospect of further delays in implementing the new rulebook.
17 March 2016
Top tier banks are increasingly open to the adoption of utility-based shared service models to drive down costs and increase efficiency in back office and compliance functions, according to research conducted by Finextra.
17 February 2016
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