4138 Results from /regulation
Sally Yates Director at Xceptor
You’re late in identifying a contractual issue on a trade and it costs six figures. You’re not quite flying blind but you’ve certainly not got 20/20 vision. In the same year, it happens another half dozen times. That’s millions. Your team tries to check but there aren’t enough hours in the day. So you’ve no choice but to roll the dice on the rest....
20 July 2018 /regulation Post-Trade Forum
Stuart Lacey Founder at Trunomi
The Financial Services industry is undergoing another major transformation, underpinned by Open Banking and PSD2. Together these directives aim to give customers more control over their financial data and to open up the banking landscape to new and competitive third-party products and services. Individuals can now grant third parties secure acces
18 July 2018 /regulation Open Banking
Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory
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 Financial Services Regulation
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
ISO 9001 is the most widely used quality management standard worldwide. There are over 1m organisations across over 170 countries that are certified to this standard. The latest edition ISO 9001: 2015 introduced major new requirements. The most important is Clause 7.1.6 as it sets the standards for the practical knowledge to support servicing cus...
13 July 2018 /ai /regulation Fintech innovation and startups
Uri Rivner CEO and Co-Founder at Refine Intelligence
The World Cup! The largest, most anticipated sports event in the known universe. Millions of football fans are passionately supporting their national teams. But what are Cybercriminals doing in the mean time? Jumping their digital prey while the victims are following the football? Or rather rallying around the flag, supporting their national team a...
11 July 2018 /payments /regulation Information Security
Aamil Ghani Associate at Bovill
On the coat-tails of Monzo, Starling and other ‘challengers’, e-money and payment service providers are increasingly looking to “upgrade”: become authorised to be a bank. There is a logical path to be taken: starting as a payment services firm, which is not able to hold customer balances overnight, to becoming an e-money firm, which can hold e-wal...
10 July 2018 /regulation Fintech
We all know that a Standard Operating Procedure (SOP) is a step-by-step set of instructions written by an organization to help workers carry out complex routine operations. Each SOP is aimed to achieve efficiency, quality outcomes and uniformity of performance, whilst reducing miscommunication and failure to comply with policy, regulatory and stat...
06 July 2018 /ai /regulation Finextra site news
Retired Member
Part 2: Managing complex financial ecosystems There is a great potential now to derive innovation value from investments in EMIR and MiFID II. New or improved capabilities developed under these regulations can and should be reused. The primary function of the securities industry (and the key focus of recent regulations) has been managing transactio...
02 July 2018 /regulation
Part 1: Foundation for a data supply chain Financial services companies are, in essence, data handlers and processors. As the industry evolves and its data needs become more complex, a robust data supply chain is vital for delivering superior products and services to customers and partners. As part of compliance with EMIR and MiFID II, firms have ...
As the pace of change continues to accelerate faster and faster, it has become overwhelmingly clear that training is no longer fit for purpose, to address the ever-widening knowledge gap. This is not to say that training is superfluous, but it should not be deployed when there are viable alternatives that are more efficient and effective and opera...
30 June 2018 /ai /regulation Fintech innovation and startups
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