4366 Results from /regulation
Martijn Groot VP Product Management at Asset Control
At the centre of financial services risk management and regulatory compliance is the convergence of data from a huge range of information silos, departments, product lines, customers and risk categories. Risk and finance are at the end of an extensive chain, examining the consolidated threads, uncovering issues and spotting patterns. This is where...
11 January 2017 /regulation Financial Services Regulation
Jeremy Light Co-founder at Fourdotzero
Card-not-present (CNP) fraud is a big problem and is getting worse. It is possible its severity and the way it is outpacing ecommerce growth have influenced the drafting of the PSD2 and EBA RTS and defining the required levels of customer authentication and exemptions. Indeed, I attended an event recently where CNP fraud statistics were used to em...
10 January 2017 /payments /regulation
Piyush Srivastava President & Chief Operating Officer at RiskCounts LLC
Remember those days when we saw Lehman employees walking out with their personal stuff in cardboard boxes, the manhandling of AIG employees in New York, the demonstrations at Wall Street and Zuccotti Park (New York), and the $ 1 trillion bailout fund that the Congress initially refused to approve? Yes, to avoid similar situations, the BIS (Basel C...
09 January 2017 /regulation /inclusion
Nanda Kumar CEO at SunTec Business Solutions
Last year has been a rocky year for banks and financial markets. 2016 was a year of major fluctuations, driven by political changes across the world. The markets have reflected these turbulent times, with the greatest number of fluctuations the market has seen in 50 years. Banks have to mitigate these risks and adapt to new market changes. Banks h...
09 January 2017 /regulation
Retired Member
With just 364 days left to go, the MiFID II go-live date looms large. But with complex regulation spanning several hundred pages of text it is no great surprise that some MiFID II deadlines will come in earlier than 3rd January 2018, while others leave more breathing space. For example, trading venues must submit their waiver applications to their...
04 January 2017 /regulation
Banks and buysides thought the holidays came early this year as the IRS issued transition relief guidance for Section 871(m) in the form of Notice 2016-76. There were sounds of rejoice with changes to the threshold for US equity derivatives products. The notice highlights that the regulations will only apply to delta-one transactions for 2017, thos...
03 January 2017 /regulation
I spent the holidays diligently researching the best brand of mince pies in order to settle a pre-Christmas debate here at the office. Naturally my criteria included a number of factors including (but not just) price and, perhaps surprisingly, the winner was Tesco's in-house bakery. Back at work, my attention turned to my other favourite M word – ...
RegTech alone will not save the banking industry. It must embrace digital and work out the supply chain disruption that #FinTech has created. However with profit margins continuing to shrink, regulations continuing to add further complexity on an already muddled landscape. Automation of process using technology, innovative use of technology to red...
30 December 2016 /regulation /wholesale Financial Services Regulation
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
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.