4488 Results from /regulation
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
Bank Recovery and Resolution Directive (BRRD), one of the components of the EU Banking Package, which was published in the Official Journal of the EU on 7 June 2018 will need to be transposed into EU Member State national legislations by 28 December 2020. The key rule introduced under the BRRD is the requirement for the EU banks to meet a minimum r...
14 July 2019 /regulation Banking Regulations
Retired Member
Many people, including myself, are becoming more interested in what’s going on in African banking and fintech. Investors and infrastructure founders such as Dana Buys, Mzi Khumalo, and Dr Segun Aina have certainly played a role in turning attention towards this vibrant, exciting continent. But while we are focused on the opportunities and innova...
11 July 2019 /security /regulation Information Security
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
Data is the enabler for any digital strategy. Organizations need timely and accurate data from human interactions. This is an imperative for sensing early and responding quickly to ever changing circumstances. We all collect data from customers, employees and suppliers using forms, checklists and surveys. This data must be of high quality otherwise...
11 July 2019 /ai /regulation Banking Strategy, Digital and Transformation
Ron Delnevo Chair at UK Cash Supply Alliance
I started scribing this article on July the 4th, so it is perhaps natural that my British mind turned to tea. However, my own brain had no room for thoughts about Boston. No. My Gray Matter was focused on a Street Cafe near to the UK Payment Systems Regulators (PSR) palatial offices in Stratford, London. There I was, readying myself for a meeting w...
10 July 2019 /payments /regulation Financial Inclusion
Dmitrii Barbasura Chief Operating Officer at Fintech Galaxy
This is the first piece from an upcoming series of articles about non-dedicated PSD2 interfaces. The scope of these articles is to describe to EU-based ASPSPs that have chosen to provide a non-dedicated interface - what are the requirements, how to meet them, and what are the potential challenges. This first piece will cover the requirements legal...
09 July 2019 /regulation /retail Banking Regulations
Christopher Liguori Executive Director at IHS Markit
Maintaining coherent tax data across the enterprise in a fungible manner allows for vast improvements in the compliance process. All required data must be immediately accessible across the enterprise. Onboarding a new investor requires gathering a deluge of data, including Protected Personal Information (“PPI”). Obtaining this data is usually a man...
08 July 2019 /regulation
The new EU prudential regime for investment firms is expected to be published in the EU Official Journal towards October 2019 and to take effect around mid-2021. The regime introduces a tailored prudential framework for investment firms in the EU, setting new rules and requirements with respect to capital, liquidity and regulatory reporting, as we...
08 July 2019 /regulation MiFID
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Cyber-attacks are all over the news! From ransomware to phishing, farmware, malware and cryptojacking up to DoS attacks. It seems as if the internet has been transformed to the Wild West. Combine this with our ever stronger dependency on the internet for our day-to-day life and it’s clear that cyber-security should be on the top of the agenda of ev...
05 July 2019 /security /regulation Trends in Financial Services
The regulatory reporting regime for banks and investment firms in the UK is unduly complex. Regulated firms are required to follow guidance from numerous regulatory sources and have to grapple with concurrent regulations requiring submission of data at an increasingly more granular level. This not only increases the risk of misreporting and superv...
02 July 2019 /regulation Banking Regulations
Anne Plested Regulation at ION Markets
Over the weekend, the stock market equivalence granted to Switzerland by the European Commission expired. The limited-period equivalence, which was given in December 2017 and extended to 30 June 2019, has run out. Despite Swiss beliefs that all the conditions are still met for recognition by the EU, there was no letup in the EU’s resolve to see thi...
02 July 2019 /regulation
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