Regulation
Trump's Comments on Regulation Might Be His Most Ridiculous Yet ... Seriously
Calling for a moratorium on regulation in financial services is a bad idea, Dan says.
Tullett Prebon, Tradition Among First on GreenKey's Design Partner Program
The program also features seven tier-1 banks and several global exchanges.
Finra Fines Deutsche Bank Securities $12.5 Million for Significant Supervisory Failures Around Research, Trading-Related Information
German bank subsidiary repeatedly ignored red flags and internal warnings from firm's compliance department around its supervision of internal communication.
Dawn of the PTF: An Inside Look at Canada's Attempt to Revive the Mutual Fund Market
Invesco Canada, TMX Group and potentially even Fundserv are building products that blend ETFs and active mutual funds.
UnaVista Launches Testing Environment for MiFIR Reporting
Credit Suisse among clients now testing capabilities
UK Firms Consider How Brexit May Change Compliance Data Needs
The message from regulators is clear: firms must comply with current European regimes. But in the longer term, the answer is that the only certainty is uncertainty
FINRA Fines BarCap $1.3M for Reporting ‘Failures'
The failures included missing or duplicate reports, and erroneous data for timestamps and execution quantities, among other data fields.
Going Public: Firms Embrace Public Clouds
What will it take to get financial firms to completely buy in to public clouds?
BMO Latest KYC.com Addition
BMO's signing is expected to accelerate adoption of the service in Canada, a Markit director says.
MAR Triggers Sophisticated Technology
Firms need to adopt new technologies in data surveillance and monitor communications to check for market manipulation intent
FCA Sets Sights on Regtech
UK regulator's Project Innovate looks at regulatory reporting, KYC
Waters Wavelength Podcast Episode 27: Trading Turrets, Sifma's CAT Comment Letter
Dan and Anthony talk about the future of trading turrets and Sifma's response to the CAT plan.
ESMA Fines Fitch for Ratings Rules Breaches
Over an 18-month period, ESMA found nine instances where Fitch analysts shared information with Fitch's parent company, in breach of ESMA rules.
Sifma Comment Letter Latest in Long Line of CAT Issues
The hurdles the CAT has faced stem from the SEC giving the power to SROs.
Sifma: CAT NMS Plan Has Issues with Duplicative Systems, Cost, Data Security
Industry group criticizes SROs; calls for regulatory body to resolve issues before approval of development plan.
Blockchain for Regulatory Reporting?
Fintech expert: As distributed ledger technology matures, its use cases are becoming clearer
As Compliance Challenges Become More Daunting, Vendors Must Adapt
Vendors discuss how they're adjusting to new regulatory requirements.
Citi Fined $7M by SEC for Trade Data Errors
The fine is the highest imposed by the SEC for violations relating to reporting of "blue sheet" data, which encompasses various types of trade data.
New ComplySci CEO Outlines Plans for Platform Expansion, Growth
Jean-Marc Levy tells WatersTechnology that the vendor will build more predictive tools to monitor employees, expand into Europe and expand beyond financial services.
Providers Partner for Timestamped Reports
Abide Financial and Corvil announce joint solution that includes function to help clients accurately capture trades
Customer Assessment Emerges as Regulatory Priority in Asia-Pacific
Firms increasing focus on anti-money laundering and know-your-customer requirements, Wolters Kluwer advisor says
KYC and Email: A Dangerous Mix
Anthony says that while it’s not often cited as the main reason to move away from email, when it comes to know-your-customer, cybersecurity should be near the top in a pitch meeting.
The Buy Side’s KYC Moment
When it comes to KYC demands, while the sell side still has it the roughest, over the last two years, the buy side has had to take on a greater share of the burden.
Waters Wavelength Podcast Episode 25: Buy Side KYC, User Experience
Dan and Anthony discuss their July features.