Regulation
Nord LB Exec: Use Agile Development To Manage Uncertainty Of Regulations
An executive from the German bank told delegates at this week's Frankfurt Financial Information Summit that agile software development methodologies may be the best way to prepare for new regulations which are still being developed
Nothing Less Than the Best
Francis Gross, vice chairman of the legal entity identifier Implementation Group, discusses strategies for avoiding standards duplication of the standard and tells Nicholas Hamilton they're determined the identifier will fulfill its potential
Nord LB Builds Clearing Business From Dodd-Frank Compliance
The regional German bank plans to use its clearing facilities interfaces to offer clearing services for client banks that lack resources to create their own connections that meet regulatory mandates
Infrastructure Ready for OTC Reforms, FSB Reports
The Financial Stability Board (FSB) has released its latest report on readiness for meeting Group of Twenty (G20) mandate for the reform of over-the-counter (OTC) derivatives trading.
Open Platform: Short Sighted on Short Selling
Today, the ban on short selling in the European Union comes into force. It will have potentially harmful effects on market quality, while producing few benefits.
Strategic Grease
Speakers at an Inside Reference Data webcast on October 17 related progress in gaining acceptance for implementation of the legal entity identifier, writes Michael Shashoua
Michael Shashoua: Basel III’s Fault Lines
The likelihood that the Basel III capital adequacy rules will not take effect in January as planned is not surprising. Michael asks if the delay will allow for extra time to make the rules more effective or is it just a necessary evil to get…
Open Platform: How to Tackle Digital Investigations
Internal investigations, underpinned by a unified investigations solution, can help financial services firms meet the demands of multiple regulations and frameworks. By Frank Coggrave
High-Frequency Trading: Handle with Care
Steve Dew-Jones unearths disquiet among market participants, following the European Parliament’s unanimous vote in favor of European Commission proposals to restrict the practice of high-frequency trading.
Is Grease The Word for Identifiers?
Reference data management operations still need some stimulation to move forward on LEI implementation
European Parliament Affirms Mifid II Proposals To Curb HFT, Create OTFs
The European Parliament today rubber stamped regulatory proposals set out by the European Commission in its Markets in Financial Instruments Directive (Mifid) and Regulation (Mifir).
Chi-X Japan Given Proprietary Trading System Status
Chi-X Japan has been granted proprietary trading system (PTS) status by the Japanese Financial Services Agency (FSA).
Foresight Publishes Final HFT Report
Foresight, a UK government-affiliated research group located within the department for Business, Innovation and Skills (BIS), has published its final report on computer-based trading (CBT).
Legal Entity Identifier webcast: Implementation Challenges
During an Inside Reference Data webinar on October 17, industry experts discussed the latest developments in implementation of the legal entity identifier (LEI).
New Urgency For Data Aggregation
The Basel Committee on Banking Supervision has established a timeline for meeting new data aggregation and reporting standards for risk management—and this action should get big firms' attention
Private Sector Group Weighs Thin Versus Fat LEI Structure in Basel
Regulators will consider whether the legal and governance structures of the legal entity identifier system should be “thin” or “fat,” following presentations on the topic by private sector representatives at a workshop held by the Financial Stability…
Cass Questions Circuit Breakers in New Study
The Cass Business School at City University, London, has released an academic paper questioning the validity of measures put in place after the Flash Crash to ensure market stability.
LEI Operating Arm Should Be Lean And Fast, Say Basel Delegates
Regulators will consider recommendations that the operating arm of the legal entity identifier system should be kept lean and fast to begin with, following a meeting of the Financial Stability Board's Private Sector Preparatory Group
Dyson Appointed Deputy CIO At SEC
In her new role, Pamela Dyson will be responsible for continuing to modernize the information technology systems of the regulatory body, which is headquartered in Washington, DC
The Curious Case of the Nifty
The Flash Crash on India’s exchange highlights the perils of instituting catchy mechanisms like circuit breakers without really analyzing what causes problems in the first place.
Regulatory Reckoning
Basel III rules aren't being implemented quickly enough to meet January 2013 deadline, but what does that mean?
JPMorgan Backs Swift's MyStandards
Firm's payments business has begun making the application available to its clients, in what looks like a prelude to securities units also doing so
Innovation Revs Up
Take a look beyond a list of acronym-named regulations to the innovations and reconsidered management approaches in reference data, as presented and discussed at EFIS and reported by Inside Reference Data
Credit Suisse CIO: Tap Unmeasured Data For Investment Advantages
Credit Suisse’s Adam Broun tells Michael Shashoua about his approach to demonstrating the need to build data management technology within a firm