4138 Results from /regulation
Retired Member
Research by Equifax has found that consumers want the process of applying for financial products online to be quicker. People want an immediate decision on loans, and a decision within a day on bigger commitments. This presents lenders with a problem. If the two big financial scandals of recent years - PPI and mortgage mis-selling - have taught t...
12 April 2017 /payments /regulation
The current debate between ESMA, the European Commission and market participants on the establishment of networks of systematic internalisers (SIs) is unsurprising given the amount of regulatory change and the potential for market innovation. Last week ESMA expanded on what’s behind its thinking on the topic in its most recent Q&A. ESMA’s o...
10 April 2017 /regulation
Part 1 by the link (internal link finextra.com) Finally, there is the third option. It seems to be the easiest and most rational and entails no extra expenses if the customer identification aspect is taken into consideration right away. In spite of the fact that the basic legislation is the same for all European countries, it is just the foundat...
05 April 2017 /payments /regulation
The years following the financial crisis have seen a considerable increase in the amount of data that regulators demand from market participants, as they attempt to better understand developments in the market and identify risks. In order to respond to this challenge, the governing council of the European Central Bank (ECB) approved a new statisti...
05 April 2017 /regulation
Ivy Schmerken Editorial Director at FlexTrade Systems
Corporate bond trading platforms are in the news again. Platforms that have launched innovative all-to-all trading protocols are attracting buy-side firms to their venues. Despite skepticism a few years ago that all-to-all platforms wouldn’t attract liquidity, platforms like MarketAxess with Open Trading and Liquidnet’s have gained traction on the...
04 April 2017 /regulation Capital Markets Technology
By Andrey Borisenkov, CDO ADVAPAY When choosing the jurisdiction for future payment business it is necessary to consider a large number of different aspects: these are license cost, license acquisition time, office costs and salary of employees in the licensing country (requirements of each regulator provide for at least one staffed operating off...
03 April 2017 /payments /regulation
Shriyanka Hore MD, Market Infrastructures and Standards Services at Swift
'Technical Debt' - Making sense of the Metaphor In 1992 Ward Cunningham - the man who created the first Wiki coined a metaphor called 'Technical Debt' . The term later went on to be called 'Code Debt' and sometimes 'Design Debt' . Extremely revered in software engineering circles , Cunningham was seen as a pioneer for design patterns and extreme ...
03 April 2017 /regulation /startups Banking Architecture
RegTech has grown from a niche, fledgling subset of the FinTech ecosystem to one of its most promising and exciting areas. RegTech, or ‘Regulatory Technology’, is a term used to describe the current generation of companies focusing on innovation in compliance, similar to how ‘FinTech’ companies such as MarketInvoice, Funding Circle, and TransferWi...
31 March 2017 /regulation Innovation in Financial Services
Maryse Gordon North American Business Development and Pre-Sales at UnaVista, London Stock Exchange Group
The SEC’s Rule 613, which created the Consolidated Audit Trail (CAT), is estimated to be the world’s biggest data repository for options and equity trade related data, collecting thousands of terabytes of data a year from U.S. self-regulatory Organizations (SROs)s and Broker Dealers. One question that has been raised is whether any existing report...
31 March 2017 /regulation
Good Help is so Hard to Come by After All As of the writing of this article, the popular recruiting site Indeed.com returned 1745 search results for the query “Data Scientist Financial Services” (If you’re in data science, hang with us for a second before you scurry over there). Google returns pages upon pages of results when prompted to find the ...
31 March 2017 /payments /regulation Financial Risk Management
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