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4138 Results from /regulation

Retired Member

Retired Member 

MiFID II, the gift that keeps on giving

Hopefully for those of us in financial services MiFID II is now pretty much part of the furniture, and whilst it is causing turmoil and deep discomfort, the reality, is that it is here to stay and there is no going back. Ever. The reason I said ‘hopefully’ is that I have heard some horror stories about CEOs of a few buy side firms who are only just...

/regulation /wholesale MiFID

Retired Member

Retired Member 

Full steam ahead

Yesterday ESMA published the long outstanding reference data for equities and bonds. Captains of the industry might worry little about abbreviations such as LIS, SMS, ADT, AVT or ADNT. But the engineers below deck understand perfectly well that these are the crucial coordinates to keep the ship on course. The reference data allows you to work out ...

/regulation /wholesale MiFID

Retired Member

Retired Member 

Thinking strategically, what do we do with all this data?

Back in the 1700’s Benjamin Franklin famously once said – ‘A place for everything and everything it’s place’, fast forward to 2017 and the increasingly regulated world that we live in today, this statement couldn’t be more fitting. What is the point in recording everything and then 'dumping' it in a box or vault with no strategy about how you migh...

/regulation MiFID

Retired Member

Retired Member 

Bitcoin futures - the best idea ever?

I read yesterday that Cboe is bringing forward the launch date for its Bitcoin futures contract in a bid to usurp its rivals at the CME. This set me thinking about the likely impact of these contracts on the price of Bitcoin itself. As my good friend John Lothian has always maintained, futures markets are all about risk transfer and not irresponsi...

/regulation

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Impact evaluation - much to do

I am a member of the Finnish Council of Regulatory Impact. We are an independent body - but in the Prime Minister’s office. Similar organisations have been established also for example in Germany, the UK and Sweden. Our task is to evaluate how the evaluation of primarily the economic impact of new legislation has been performed. It is of course cle...

/regulation Financial Services Regulation

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

STATE OF THE CHATBOTS MARKET: OVER-HYPED AND UNDER-HYPED AT THE SAME TIME

The Chatbot market has reached an unbelievable state. It is both over-hyped and under-hyped at the same time. There is no doubt that conversation-as-a-service will become the primary means for humans and machines to interact. The changes will eventually be profound impacting everything. As with any monumental change, the early days are wild as ...

/ai /regulation Digital Banking Trends

Ivy Schmerken

Ivy Schmerken Editorial Director at FlexTrade Systems

Is Market Structure Tied Up in Knots?

With a new head of trading and markets at the SEC, there is optimism that some of the complex market structure issues – such as make-taker incentives and sky-high market data costs — will be looked at in 2018. As these issues wait to be settled, buy-side traders are also grappling with the EU’s MiFID II rules on unbundling research payments from...

/regulation MiFID

Retired Member

Retired Member 

FinCEN Final Rule: 4 Data Management Considerations

The Final Rule brings with it a raft of regulatory compliance challenges for financial institutions. While its intention is to promote “uniformity and consistency” to “strengthen the system as a whole by further limiting opportunities for inconsistent application of unclear or unexpressed expectations”, the Client Due Diligence (CDD) Final Rule st...

/regulation

Retired Member

Retired Member 

The UK - the best place to be a RegTech company?

On 22nd November, the UK government reaffirmed its commitment to having a leading regulatory and technology environment in the UK. Within the Autumn Budget 2017 speech, the Rt Hon Philip Hammond announced a new £10bn Regulators’ Pioneer Fund, established to “help regulators to develop innovative approaches aimed at getting new products and service...

/regulation /startups Fintech

Niall Twomey

Niall Twomey Chief Technical Officer at Fenergo

8 Major Benefits of Cloud Technology for Client Lifecycle Management

Cloud technology has developed and evolved in line with the myths that surround it. Up until 15 months ago, banks were publicly reticent about moving core banking services to the cloud for a myriad of regulatory and security concerns, including issues over confidentiality of data, lack of control of data, data breaches, and legal and compliance is...

/regulation

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