Regulation
Bankers Want Consultation on Draft Regulation
ECB 'has not communicated properly with stakeholders' on AnaCredit
Broker Commissions: The Great Unbundling Bungle
Handling sell-side research and commissions has typically been a mundane and relatively simple function for investment managers. But regulatory authorities in Europe are about to turn the process upside down with a little-known but potentially impactful…
Tag Team: McNamara and Zerbs Work Towards Common Tech Goals at Scotiabank
The two new heads of Scotiabank talk about the Toronto-based bank's latest projects and how they effectively work together.
Miscommunication: Bloomberg, Symphony and the Messaging Fight
Anthony Malakian speaks with industry participants to see how the messaging space has evolved and whether Symphony-or Bloomberg-have cause for concern.
Itaú BBA to Use Swift KYC Registry, Sanctions Screening
Brazilian bank is the latest to join growing network.
Deutsche Talks About the Power of Partnering with Fintechs
Deutsche Bank’s Graham Warner chats with Dan DeFrancesco about why banks need to be more open to partnerships with fintech companies.
Citi Settles $15 Million Penalty With SEC Over Compliance, Surveillance Failures
Citi failed to properly review thousands of trades executed by several of its trading desks during a 10-year period.
AnaCredit is the Future
But the European Central Bank may have a difficult time convincing market participants
ITG's $20.3 million Settlement With SEC Sets Record For an ATS
The broker agreed to settle on charges regarding the operation of a secret trading desk and misuse of confidential trading information of dark pool subscribers.
US Senator Warren Highlights Concerns Over Data Deletion with Symphony Letters
Notes potential conflicts with communications archiving following earlier NYSDFS inquiry.
Bracing for AnaCredit
Market participants raise concerns about ECB’s plan for analytical risk dataset
Michael Shashoua: Playing By the Rules
Changes in regulation that have affected evaluated pricing standards are making a difference for their data management capabilities.
Unrealistic Expectations: 7 Capital Markets CIOs Discuss Current Challenges, Opportunities
An inside look at new technologies disrupting the market, and the ever-challenging 'people equation'.
ITG Replaces CEO Gasser with Lilien, Discusses SEC Settlement
Jarrett Lilien, a member of the ITG board, will serve as interim CEO.
Opening Cross: More Data = Less Layering = Less Crying = More Giggling
With new data analysis technologies, there's no excuse for not spotting market manipulation.
BATS Files for Client Suspension Rules to Tackle Manipulative Market Behaviors
Expedited authority to cut manipulative behaviors “within weeks” awaiting SEC approval.
TMX's Eccleston Talks HFT, Says It's Not Going Anywhere
TMX CEO Lou Eccleston shares his thoughts with Dan DeFrancesco on HFT and why the industry needs to learn to accept it.
Tax Authorities Defer Fatca Deadline
Delay 'not a surprise' due to changes in technical submission rules
New Hong Kong Wealth Manager Chooses OneSumX
Newly established bank has unique AML challenge
Finra Fines Goldman Sachs Ex & Clearing $1.8 Million
OATS reporting violations said to span more than eight years.
Tactical Strategies Fall Short as Shifting Regulatory Landscape Becomes “The New Normal”
Banks are still adopting tactical workarounds instead of strategic approach to regulatory changes.
UPDATE: NY Authorities Scrutinize Legality of Symphony's Data Deletion Claims
The New York regulator is concerned that the vendor will make it hard to obtain communications records.
CCAR Stresses Banks' Model Validation, Data Aggregation Capabilities
At a recent event held at The Metropolitan Club in Manhattan, industry experts discussed a range of topics, from modeling validation to analytics to risk technologies.
Reconsidering the Risk Data Environment
A wider data management perspective could be the key to compliance with annual regimens