4195 Results from /regulation
Retired Member
Interesting piece in the Financial Times recently on the issue of alternative groups like P2P lenders, insurers and asset groups seizing business from lenders by offering cheap and convenient finance. Although they only account for two per cent of market share in the UK at the moment, that figure is rapidly growing. Of course, with the lending res...
08 December 2015 /regulation
As new know your customer (KYC) rules are being implemented by countries around the world, banks and investment management companies are beginning to realize the scale of the challenge around managing their KYC data is about to become substantial. New best practice is “dynamic” KYC – knowing where a particular client stands against increasing regu...
07 December 2015 /regulation /inclusion
Ben O'Brien Managing Director at Jaywing
Although the latest stress testing results revealed there has been significant improvement in stress testing processes since last year, the results also identified considerable variation across banks. During the 2015 stress test, the Bank of England (BoE) undertook a review of banks’ stress testing model frameworks – having found that they were wea...
07 December 2015 /regulation /retail
It’s surprising how many people think that ISINs (International Securities Identification Numbers) are free. In practice, very little around ISO standards is free, other than the time and effort that volunteers around the world give in helping to develop ISO standards. Even a copy of the specification of the ISIN standard has to be bought, and y...
06 December 2015 /regulation
Following on from my post last week about the need for a ‘regulatory compliance framework’, I will now examine the importance of taking a more holistic view of this challenge. We are now in a much better position to bring intelligent design and technology to bear in solving this problem and it’s vital that we should. However, the basic building bl...
04 December 2015 /regulation
Ivy Schmerken Editorial Director at FlexTrade Systems
Buy side traders debating the pros and cons of the U.S. equity market structure recently gave high marks to the computerized stock trading landscape, though it didn’t take long for concerns to surface. At a Baruch College Financial Markets Conference on November 11, four heads of buy side institutional trading desks acknowledged that the market str...
03 December 2015 /regulation
Anna Monteiro Global Head of Business and Product Development at www.solutions-atlantic.com
First introduced in November 2013, the Amended Transparency Directive (TDA) provided EU member countries two years to conform their regulations to those adopted by the EU Commission. With the deadline having come and gone, the TDA is in a confused state with only a handful of countries meeting the 26 November effective date and the remaining in va...
Who allocates ISINs to financial instruments? You could easily get half-a-dozen different answers based on the assumptions of people in financial markets. As a starting point, ISINs are not issued by ISO (the International Organization for Standardization). ISINs are issued by organisations that have been given the sole right to issue them for ...
02 December 2015 /regulation
Today, the 2015 stress testing results of the UK’s seven largest banks and building societies have been revealed. The results show that there has been significant improvement in stress testing processes since the 2014 review, however the results identified considerable variation across banks, and highlighted areas where stress testing and capital p...
01 December 2015 /regulation /retail
The challenge of tackling regulation continues to cause undue worrying and stress for many in the world of investment banking. The problem is not that complying with individual regulation in itself is difficult (although some are more difficult than others), it’s simply that the volume, pace and concurrency of regulatory change is compounding the ...
01 December 2015 /regulation
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