4364 Results from /regulation
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
On the tenth anniversary of the bankruptcy of Lehman Brothers, the media is full of articles questioning why nobody went to jail for the Great Financial Crisis that followed. Take, for instance, A crisis nobody went to jail for. According to most of these articles, the GFC happened beause of greed, laziness, cronyism and cheating by banks. We can ...
04 December 2018 /regulation /wholesale
Shaun Thomas Product Manager at Namescan
With the rise of cryptocurrencies and ALT coins, fuelled by the retail madness of Initial Coin Offerings (ICO’s) in late 2016 and all of 2017, we have seen an increase in the number of trading exchanges that have come to fruition. Everything seemed to be fine and the crypto industry was making more millionaires overnight than any other form of in
04 December 2018 /regulation Blockchain Observations
Anne Plested Regulation at ION Markets
Meanwhile in another part of Europe, time is running out for Swiss equivalence. The one year period previously granted in December 2017 is set to expire on 31st December. Switzerland needs equivalent third-country status in order to preserve the status quo and allow EU trading participants bound by MiFID to continue accessing the Swiss market loca...
03 December 2018 /regulation
Ivy Schmerken Editorial Director at FlexTrade Systems
Despite a one-year delay and other missed deadlines, the order-tracking system known as the Consolidated Audit Trail is back on track as exchanges were due to begin reporting required equities and options data into the CAT on Nov. 15. That message was conveyed by panelists at a recent industry conference. Executives speaking at Tabb Group's FinTech...
03 December 2018 /regulation Capital Markets Technology
Bob Lyddon Consultant at Lyddon Consulting Services
The Bank of England recently issued its Financial Stability Report and Stress Test results - November 2018. In it the Bank warned that 2 “further deterioration in Italy’s financial outlook could result in material spillovers to the euro area and the UK”. In its more detailed comments the Bank noted that Italian Non-performing loans (NPLs) account f...
03 December 2018 /regulation /wholesale SEPA and European Payments
Marc Gratacos Founder and Managing Partner at TradeHeader
The FIX Trading Community’s second annual France Trading Briefing, held in Paris on November 22, picked up the baton and ran with a number of themes already touched on at its September Nordics briefing. Ongoing digestion of MiFID II MiFID II continues to exert a powerful gravitational pull, and the ongoing evolution of the regulation and its impac...
03 December 2018 /regulation MiFID
Retired Member
The EU’s e-Privacy regulation, which is expected in 2019, is set to be the next major piece of legislation designed to protect the privacy and security of personal information. A step on from GDPR, e-Privacy protects meta data (as well as voice and email data) and will oversee and regulate privacy in ‘Over the Top’ eComms channels (i.e. social me...
02 December 2018 /regulation Operational Risk Management
A colleague of mine in the UK recently wanted to open a business account. She needed to get funds in quickly so she wanted a fast process and was happy to comply with whatever checks were required to do so. Contacting her current high street bank seemed an obvious first step. Surely this would make the process simpler, and more importantly, faster...
27 November 2018 /regulation Banking Strategy, Digital and Transformation
Neil Crammond risk education & real time market abuse at DIVENTO FINANCIALS
One of the very few benefits of open outcry trading was the fact that traders could see everyone trading and the chances of rogue trading was easier to spot compared to today. Through a virtual pit traders can see all bids and offers and completed deals as all traders have to be identified , therefore visible to the market place ? This simple
23 November 2018 /regulation Operational Risk Management
For those recently travelling to Australia for Swift’s annual Sibos conference, currency exchange rates were an inevitable topic of conversation. The rates varied enormously, leading one of the major Australian banks to suggest that FX exchange rates should be regulated. A bank asking for regulation is unusual, but maybe they have a point. FX trad...
20 November 2018 /payments /regulation Fintech
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