UK’s Financial Conduct Authority Has One Eye on Europe, One on Asia

The UK regulator has strong words for asset managers on best execution, while it builds bridges for fintech development with its Japanese counterpart.

Editor's choice

Out of the Shadows: The Benefits and Burden of Shadow IT

On the surface, the concept of shadow IT seems simple: A project is started without proper authorization because those involved want to avoid having to jump through the various hoops required to get the green light to build the technology. In actuality, shadow IT is much more nuanced.

Bracing for a RegTech Boom

With an unenviable raft of new regulation imminently coming into force, market participants anticipate a flurry of adoption of compliance-related technology, which is expected to prove lucrative for RegTech providers. Joanna Wright and Max Bowie talk to some of the key players about the drivers behind this trend, and RegTech’s potential over the long term.

Not Your Granddad’s Surveillance

For years, sophisticated data monitoring and analytics have been a key component of developing trading strategies. Now, as Joanne Faulkner discovers, firms are taking approaches first developed for use by traders and turning the tables, and are using them outside the trading flow to monitor the traders themselves.

Brexit Undermines MiFID Data Foundations

Even after Britain leaves the European Union, financial firms wanting to do business within the EU will need to comply with MIFID II. But removing the UK from EU markets could still derail new European trading and transparency rules. Samuel Wilkes investigates, with additional reporting by Philip Alexander