4138 Results from /regulation
Retired Member
New year, New Regulations, New Challenges With the year of MIFID II behind us, firms can now start looking ahead at what’s coming next over the horizon. Well, almost. The MIFIR compliance date may be past us, and the go-live may have gone relatively smoothly for a majority of firms, but there’s still a lot of work to do. This includes cleaning up...
01 February 2018 /regulation Financial Services Regulation
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
Just as a reminder, Complex Knowledge is any combination of regulatory, statutory, legal, tax, tariff, policy and procedure matter, which is primarily found within documents. USE CASE: HOUSEHOLDER PLANNING PERMISSION (CONTINUED) The Competencies for creating a Chatbot Knowledge Map The competencies for the creation of a Knowledge Map is based...
26 January 2018 /ai /regulation Innovation in Financial Services
Whilst we’re only a few days into the PSD2 era, which aims to accelerate digital disruption and reshape the financial services industry across Europe, incumbent European banks already have a clear choice to make. They can either settle for what’s to come and risk being outmanoeuvred by direct and new competitors, or actively look for opportunities...
26 January 2018 /regulation Trends in Financial Services
Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory
Risks of Misunderstanding Cyber Security The financial services sector has been through tremendous adversity since the Great Recession. Institutions have emerged from the financial crisis only to find tougher regulations and constant threats from cyber attacks. In fact, these recent cyber attacks and data breaches are changing the way banks operat...
19 January 2018 /security /regulation Business Knowledge for IT
Bob Lyddon Consultant at Lyddon Consulting Services
The collapse of Carillion poses an urgent question for participants in Supply Chains who have no payment security, and have made deliveries of goods and services with a credit period. That means almost every business. The question is whether the shareholders will really experience “moral hazard”: do they only make a recovery from the liquidation on...
19 January 2018 /payments /regulation Financial Supply Chain
A lot happened in the world of crypto over the last few days, so apologies if I end up being behind from the time of writing. In the week that Vladimir Putin weighed in and opined that cryptocurrencies need to be regulated, and research revealed that bitcoins jump from $150 to $1,000 was likely caused by one person, all major cryptocurrencies saw...
19 January 2018 /regulation
There's no denying that the frequency and impact of data breaches are on the rise. Every year the record for the number of individuals affected by a breach rises, with 2017 surpassing 2016 quickly. There were more than 5,000 confirmed data breaches in 2017 with 7.8 billion records compromised, and that's just what we know about. This steady increa...
18 January 2018 /regulation
Steve Wilcockson Product Marketing at Quantexa
Last January I posted 7 Chief Risk Officer Priorities for 2017, based in part on the preceding December’s RiskMinds Conference in Amsterdam, a conference highlighting the worries and interests of Chief Risk Officers and their risk managers. A lot can happen in a year, so I have repeated the exercise. Some topics have carried over such as model go...
17 January 2018 /ai /regulation Financial Risk Management
With an eventful year for fintech behind us, it is now time for crystal ball gazing for 2018. At this time last year, I predicted that in 2017 blockchain applications will start to trickle down to retail banks, cloud services become the new normal, and we’ll see new authentication technologies, the Internet of Things (IoT) and the ‘Facebook effect...
17 January 2018 /regulation Digital Banking Trends
Ivy Schmerken Editorial Director at FlexTrade Systems
With MIFID II’s rules on inducements now a reality, buy-side firms are paying close attention to the costs associated with their front-office trading platforms and analytics. The EU regulation, which took effect on Jan. 3, could draw scrutiny to execution services and tools that are sponsored by brokers, such as order management and execution manag...
15 January 2018 /regulation MiFID
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