European Union (EU)
November 2017: The Risks of Over-Optimism, From Mifid to Messaging
More complex regulatory and competitive environments inevitably create more complicated data requirements.
EU Gets Tough on ‘Research’ Unbundling
Mifid II will force sell-side firms to unbundle research fees from dealing commissions they charge to buy-side clients. The banks claim their front-office notes meet the criteria of being a minor non-monetary benefit, but EU watchdogs aren’t convinced,…
Vela Introduces SI Data Hub
Technology provider expands Mifid II offering with launch of systematic internalizer data hub.
Thomson Reuters Unveils Mifid II Reference Data Suite
Thomson Reuters has enhanced the reference data tools on its DataScope platform with the aim of helping clients' Mifid II compliance efforts.
UnaVista and MTS Collaborate on SFTR Reporting Solution
London Stock Exchange subsidiaries join forces for regulatory reporting tool ahead of SFTR.
NEX Regulatory Reporting Pushes for SFTR Trade Repository Status
London-based NEX Regulatory Reporting plans to become an SFTR trade repository ahead of a dedicated reporting solution.
IHS Markit Launches SI Registry
Systematic internalizer registry aims to help firms with trade reporting obligations under Mifid II.
GDPR Contract Compliance Could Cost Firms a Cool £800M
Tech vendor Axiom predicts hefty GDPR spend on contract analysis alone, launches compliance solution.
Brexit Looms Over Future of European Financial Markets
A lack of clarity about the UK’s departure from the European Union is an ongoing source of concern for the financial services industry, leading to continuing questions around investor protection, transition costs and regulatory obligations.
FCA: Mifid II Enforcement Starts Jan. 3, Will Be Targeted
UK regulator's Mifid coordinator underscores message from European Commission earlier this month: no further delays to deadline. However, enforcement will be targeted.
ICE Acquires Global Research Income Platform
Bank of America Merrill Lynch Global Research division’s fixed income index platform will become part of Intercontinental Exchange’s ICE Data Services.
Esma Launches Second Phase of Reference Database
Next phase of FIRDS gives market participants access to reference data needed to comply with Mifid II and Mar.
Bloomberg, Trax, LSE Among First Approved as ARMs
Financial Conduct Authority has started issuing approvals to entities that applied to act as ARMs under Mifid II.
Esma Issues LEI Brief, Urges Firms to Step up Efforts
The European Securities and Markets Authority (Esma) urges market participants to take action now to obtain their LEI code before the Mifid II January 3, 2018 deadline.
GDPR: The Next Big Regulation
While all the talk pertaining to regulation across the capital markets has centered on Mifid II, GDPR has surprised many financial institutions due to the extent of its reach and the data governance challenges is poses. Anthony Malakian talks with…
MPI Releases Stylus Workspace for Product Analysis and Monitoring
The new software introduces a number of preassigned factors for fund analysis on more complex products.
Six Firms Team up with IHS Markit for SFTR Reporting Solution
IHS Markit partners six securities finance market firms as part of an ongoing effort with Pirum Systems to build a Securities Financing Transaction Regulation reporting solution.
EC Taps Macrobond for Research Data
Macrobond will supply macroeconomic and financial data to the European Commission’s finance and economic department
Paying It Forward: The New Era of Investment Research
Fundamental change is coming to how research is paid for under new European rules, and the impact cannot be underestimated.
WFIC 2017: SmartStream RDU Debuts Systematic Internaliser Register, Partners with Deutsche Börse
Service aims to plug MiFID II reporting gap; Deutsche Börse to Use SmartStream RDU for Regulatory Reporting Hub.
Esma Gains Sweeping New Powers in Commission Review
MEP Markus Ferber tells Waters that this change “must not mean that the ESAs can do what they want to just because they get more money,” and that the ESG provisions are “a non-starter”.
SmartStream Hopes Collaborative SI Utility Can Solve MiFID II Dilemma
Reference data and post-trade automation technology provider is meeting with banks in an effort to solve systematic internalizer conundrum.
Rimes Launches Benchmarks Regulation Solution
Rimes Technologies introduces cloud-based Rimes RegFocus BMR Control.
Swift Eyes Industry Standard with Open KYC Registry
Financial messaging provider opens up Know Your Customer registry in bid to become standardized central utility.