4434 Results from /regulation
Alex Kwiatkowski Director, Global Financial Services at SAS
5,821 days. That’s the length of time that separates Silicon Valley Bank’s (SVB) collapse and the failure of real estate investment trust New Century in 2007, notably the first domino to fall in the Global Financial Crisis (GFC) of 2007-08. Last week’s events represent a sobering reality check. In 2023, banks can still be broken, collapsing spectac...
17 March 2023 /regulation /markets Financial Risk Management
Retired Member
In one sense, it looks like a fairly straightforward bank run, but the extraordinary bailout announced directly after suggests that the risk was systemic. Whether that was all the VCs shouting contagion in the crowded theatre or something deeper under the hood, it certainly got the federal administrators moving. By Sunday evening the bailout was d...
15 March 2023 /regulation Regulatory Reporting
Stewart Davies Commercial Director at Temenos
There is a very good reason why traditional banking has not taken to SaaS in the same way as other sectors. It is not a lack of understanding. When, with the Economist Intelligence Unit, we surveyed over 500 banking executives about SaaS in 2021, 72% said that incorporating cloud into their organisation’s products and services is a priority. From ...
13 March 2023 /regulation /cloud Banking
Andrew Stevens Global banking and financial services specialist at Quadient
Since the introduction of GDPR in 2018, it’s been clear that consumers have the right to know how their data is being used and that businesses must handle it with care. While the UK seems set to introduce its own data protection bill, it hasn’t changed the fact that it is crucial for organisations to take data seriously. In no sector is this more
10 March 2023 /regulation /retail Banking
Machine learning (ML), the most prominent arm of artificial intelligence (AI), cuts both ways for the financial services industry, where its applications are getting wider by the day. The benefits are obvious. ML models are trained to learn from results just as the human brain does and can execute complex tasks at a scale and speed humans simply c...
09 March 2023 /regulation /devops Artificial Intelligence and Financial Services
Roman Baranovskyi Senior lawyer at SBSB Fintech Lawyers
Forex startups opt for easy and budget-friendly solutions for company registration and market access. Due to their favorable conditions, low costs, and credibility, they often choose forex licenses in well-regulated jurisdictions like Belize, Mauritius, Seychelles, and Cyprus. Operating under a regulated license provides trust and protection for t...
09 March 2023 /regulation /startups Bigger than Technology
Richard McCall CEO at Armalytix
Despite a raft of recent issues, financial institutions remain determined to dive deeper into crypto. This presents real risks to institutions – and that it is imperative that they take precautions to properly protect themselves against the ever-present spectre of fraud and money laundering. The ink is still yet to dry on stories of the FTX coll...
08 March 2023 /regulation /crime Open Banking
William Thomey Co-head Business Development at Acadia
As the much-written-about Uncleared Margin Rules (UMR) have been phased in since 2016, a significant number of derivative users now find themselves exchanging both regulatory Variation Margin (VM) and Initial Margin (IM) with their counterparties. As a result, there is both increasing volume and complexity around margin settlement. Layer on inter...
08 March 2023 /payments /regulation
Ian Henderson CEO at Kyckr
After a decade aptly described as the 'golden age of FinTech', last year saw a substantial dip in global FinTech investment (from $238.9bn in 2021 to $164.1bn in 2022). The industry, as one easily can imagine, was rattled. Media called it 'FinTech's first test' and 'the great FinTech reckoning'. They all agreed that the so-called 'easy money' had ...
07 March 2023 /regulation /predictions Fintech
Alin Bui Co-founder & Chief Strategy Officer at Anduin Transactions
Fund managers today are bullish about the retail markets as a new investment stream, in part to reduce dependence on institutional portfolios. But many in private equity and venture capital are grappling with how to engage this promising category of investors. Through the turbulence of 2022, we observed the growing relationship between fund manage...
06 March 2023 /regulation /markets RegTech
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