4138 Results from /regulation
Retired Member
ESMA has today published the latest Q&A on investor protection. The document spans many different topics, but what sparked my interest in particular are the comments around the best execution quality reports. Under MiFID II brokers have to publish their top 5 execution venues. Firms trading as non-members (i.e. via another broker) are aski
16 December 2016 /regulation
Ivy Schmerken Editorial Director at FlexTrade Systems
Demand for multi-asset trading on the buy-side has “renewed” the importance of the execution management system’s role on buy-side trading desks in the battle for screen-based real estate. However, listed derivatives centric trading platforms may no longer be the solution that clients are seeking, according to a recent Aite Group’s report, “Buy-Side...
15 December 2016 /regulation
Organisations today face more complex software risk than ever before. With an increasing number of breach and ransomware stories making front page news, the need for robust corporate defence has never been more vital. Indeed, data breaches that regularly make the headlines are often perceived as 'outsider' hacks, characterised by the belief a hack...
14 December 2016 /security /regulation
Consumer card transactions overtook cash payments for the first time in 2016, according to Euromonitor. Moving away from cash and checks is a signal of modernizing economies, more efficiency and less fraud—in a conventional sense. But as card payments grow, so do card crimes. In part one, we looked one driver of increased non-cash transactions, ...
13 December 2016 /payments /regulation
On December 1, 2016 the Financial Action Task Force (FATF) released its Mutual Evaluation Report of the US Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) Measures. While the report was generally favorable, it did point out a few areas that need to be improved – some of which could be catalysts for new changes in US policy. As we...
12 December 2016 /regulation Financial Services Regulation
As is so often the case with some of the lengthy documents that make up the Shakespearean drama that is the MiFID II implementation, the devil is in the detail. The technical standards on position limits for commodity derivatives are a good example. Right at the very end, just before President Juncker's imprimatur, is a little tidbit suggesting th...
09 December 2016 /regulation
After a hectic 2016, chief risk officers will be hoping for a quiet wind-down to the year and a high-performing, risk-managed 2017. But what do they need this Christmas in order to have a successful 2017? Top of each CRO’s wish list is speed. Companies need to accelerate customer onboarding and are continuously striving to improve the customer expe...
Cyberattacks and breaches have grown in frequency, and losses are on the rise. In 2015 the number of U.S. data breaches continued to break records with 781 reported where the number of records exposed was about 169 million records, according to the Identity Theft Resource Center. For a more global view, as of the first half of 2016 there were 97...
08 December 2016 /security /regulation Innovation in Financial Services
This was originally posted November 21, 2016 in the TradeTalk blog on TT's web site. Share Here we are again. Just when we all thought we had it figured out, the election whizzed on the electric fence. Now it is time for the long awaited December FOMC meeting. I’ve written before about positive expected value and a process focused trading discipli...
08 December 2016 /regulation
We need to accelerate TMS roadmaps and increase the agility of the big investments we’ve made in these systems As the backbone of Anti-Money Laundering (AML) deployments for more than 15 years now, Transaction Monitoring Systems (TMS) are heavily relied upon throughout the enterprise. The standard method of detecting illicit activity is by runnin...
06 December 2016 /regulation
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