4138 Results from /regulation
Retired Member
If nothing else, we know the new regime in the US likes a good punchy sound bite. As many of us predicted, President Trump and his team have their sights firmly set on loosening the burden of Dodd-Frank and other regulatory sets that they feel make for a hostile business climate. The tagline of Trump’s executive order for regulatory reform is “two...
03 February 2017 /regulation
Legend has it, that Horatio Nelson, the famous English admiral, had only, One Eye, One Arm and One Leg. Cricketers have long believed any combination of “A Nelson” is unlucky. (David Shepherd a now retired English Umpire would balance on 1 leg whenever the score on the board was 111, 222 etc.) However balancing on 1 leg will not achieve MiFID II c...
I last wrote about Brexit just prior to the referendum, and with the start of a new year, Article 50 voting in the House of Commons and a new President in the White House, it seems apt to look once again at the current state of global affairs, with its worrying return to the cataclysmic ‘Cold War speak’ of the 70s and 80s. As mentioned before - wh...
Businesses move from manual to digital solutions to achieve a range of goals. Having recently masterminded Estonian bank Bigbank’s own digital transformation, Agur Jõgi, chief technology officer says that credit and lending providers are striving to deliver a better experience to customers, with speed a primary goal. “Old manual processes can take...
02 February 2017 /regulation /retail
It’s no state secret that Anti-Money Laundering (AML) compliance failures can cause serious harm. But what may not be obvious is that by the time the failure has made it into the public domain, the bank has been suffering the repercussions of that failure for years. It is the gift that keeps on giving. A compliance failure can have lasting effects...
30 January 2017 /regulation Financial Services Regulation
T2S will change the service buying behaviours of the bank and broker communities. Understanding the impact of this change is critical for the wider financial ecosystem. Much has been publicly discussed about the impact of T2S on the post-trade infrastructure landscape and in particular business and operating models of custodian banks. However, li
30 January 2017 /regulation
Donald Trump's surprise election win looks like good news for Wall Street, with bank stocks such as Bank of America, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo all ending in the green in the days following Trump’s victory, increasing overall in value by 4%. Ignoring the possible impacts of inflationary increases or even vo...
With hindsight, last year’s discussion about the differences in defining direct electronic access (DEA) under MiFID II and RegAT may have been somewhat premature. Firstly, with the change in both the US administration and the CFTC leadership it is now uncertain how RegAT will be progressed. Secondly, over the last few months it’s become clear that...
27 January 2017 /regulation
In November 2016, The European Commission (EC) announced a proposal for new rules to ensure that Central Clearing Counterparties (CCPs) are dealt with more effectively when things go wrong. There has been much debate in recent years on the level of risk found within CCPs and the overall need for regulation that will ensure the recovery and resoluti...
25 January 2017 /regulation
When computers were first developed, only people who knew operating system commands could use them. The advent of graphical interfaces changed that. Before the arrival of the internet, information was carefully curated and coded by librarians. Now anyone with a web browser has access to encyclopedias’ worth of information. At one time, only profes...
24 January 2017 /regulation
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