4466 Results from /regulation
Howard Berg Senior V President,North and Central Europe, BPS at Gemalto DIS
When innovations start to create real value, the authorities start to regulate. So if you want to see where value is being created, have a look at where new regulations are coming into force. The digital revolution is one example. It is changing nearly all business sectors, and financial services is no exception. In fact, things have changed so m...
21 August 2017 /regulation
Retired Member
Earlier this year my bike was stolen from my apartment block in London. Sadly I was not the only victim as a number of my neighbours also had their bikes stolen from the bike rack inside the gated basement of the building. You can imagine our anger and distress that such a crime had been committed, especially when we assumed that the security meas...
The rise of big data, computing power, and advanced analytics enables companies to gain valuable insights from data. Artificial intelligence, machine learning, the Internet of Things, and drones are just a few innovative tools now available to help companies gain a more complete view of their businesses and make better decisions. For risk managers...
18 August 2017 /ai /regulation Financial Risk Management
Theresa May has been re-elected but she has lost her parliamentary majority. Even with a ‘confidence and supply’ agreement with the pro-remain Democratic Unionist Party (DUP), political risk in UK is raised and it is unclear whether Mrs May, or the DUP agreement, will survive the Brexit process. It is a far cry from the strengthened negotiation p...
17 August 2017 /regulation
With information security rapidly gaining prominence over the last few years legislators have jumped into action to improve safeguards and public confidence in IT systems. While information security concerns prevail across all industries, in financial services due regard for them is absolutely crucial to the maintenance of functioning markets. Jus...
17 August 2017 /security /regulation
MiFID II seemed so far away when it was pushed back until January 3rd 2018!! This has been a long time coming, and despite the looming deadline, firms are still trying to work out what they need to do. This is causing challenges for them as they try and decide where to focus their resource and what is the highest priority…? MiFID II has widened on...
14 August 2017 /regulation MiFID
Twelfth Night starts with a shipwreck. Emma Rice’s production at The Globe was magical: Shakespeare would have applauded. Superb were Feste, the wise fool, and Malvolio, the whistling regulator. The extraordinary begins to unfold and slips into a farce. In less than six months, Open Banking sets sail, so to avoid floundering we need to understan...
14 August 2017 /regulation Financial Services Regulation
You may be aware that the Government of India demonetised the highest two denomination bills of INR1000/- and INR500/- on 8th November 2016. Whilst, the usage of demonetisation as a tool to fight corruption and money laundering is debatable, the Indian case study, as per a Reserve Bank of India memo released on 11th August 2017 mentions that a
11 August 2017 /regulation Financial Risk Management
Kirston Winters MD, MarkitSERV at IHS Markit
MiFID came into effect in 2007 – under the current regime, buyside firms are typically not required to publish trades and real-time public reporting (“trade reporting”) is handled by trading venues and dealers. However, in January 2018, MiFID II rules will shift the responsibility for trade reporting to the buyside for certain products and in cert...
11 August 2017 /regulation MiFID
The technology requirements to analyse large data sets have never been more in demand in Financial Services. In 2017 financial institutions are creating vast swathes of data far beyond what we saw just a decade ago. However, it’s not just data volume that makes powerful data analysis such an important consideration, its regulation. Financial Servi...
11 August 2017 /security /regulation Data Protection Act Issues
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