Regulation
OFR's Reed Sheds Light on LEI's Omission from Fatca
Matthew Reed, of the Office of Financial Research and Regulatory Oversight Committee of the legal entity identifier project, says the LEI was not ready when the Internal Revenue Service made key decisions about Fatca, but suggests it will be added in the…
Citi Reaps Benefits of LEI, Despite Limited Coverage
At this week's North American Financial Information Summit in New York, Citi's head of entity data operations explained how the legal entity identifier has helped the bank improve standardization and increase the number of attributes held in client…
ESMA Outlines Potential Options for ‘Reasonable' Post-Trade Data
European financial regulator the European Securities and Markets Authority (ESMA) released a consultation paper today, Thursday, May 22, that outlines proposed technical details for the second iteration of the Markets in Financial Instruments Directive …
NAFIS 2014 Live: Regulatory Landscape Challenges
Inside Reference Data editor Michael Shashoua reported live via Twitter on the first panel in the reference data stream of the North American Financial Information Summit on May 21
Getting the Vote Out
Various polls in Europe and beyond lead this week's coverage, along with Icap's SEF debut and a pair of big Nasdaq stories.
BCBS 239 Wasn't The Start of Risk Data Aggregation
Experienced data executives consider whether BCBS 239 risk data aggregation guidelines have an unrealistic deadline or are behind what the industry already has ready for compliance
Icap Launches UK-Based SEF
Interdealer broker Icap has officially launched its London-based swap execution facility (SEF), IGDL.
One Small Step for Esma
In his Association for Financial Markets in Europe (Afme) conference keynote speech last week, Steven Maijoor, the European Securities Markets Authority (Esma) chair took to the stage, and told those present that the legislative phase of European market…
Fatca special report
May 2014 - sponsored by: Actimize, SIX Financial Information, Thomson Reuters
Getting A Full Report
Demand for more complete and well-prepared data reporting could lead one to consider collaborative efforts that point the way to better data reporting
Managing European Reporting
As the implementation of EMIR continues, financial firms must analyze their ability to comply with valuation and collateral reporting requirements coming into effect in August, writes Nicholas Hamilton
Grains of Truth
Demand for granular data is being driven by global regulation and standards efforts. Michael Shashoua covers some Asia-Pacific viewpoints about the reporting demands that these rules create, and their built-in jurisdictional issues
Seeking Solvency II Surety
Implementation of Solvency II in January 2016 has been confirmed, but many of the data challenges are unresolved. Susan Wright of the Investment Management Association tells Nicholas Hamilton that asset managers, third-party administrators and insurers…
OMG Chooses Bloomberg Symbology For Spec
The Object Management Group standards consortium is considering Bloomberg's Open Symbology as the basis for its Financial Instrument Global Identifier specification
SEC's Berman: Let Data Allay Investors' Fears, Drive Test Pilots
Gregg Berman, associate director of the Securities and Exchange Commission’s (SEC’s) office of analytics and research (OAR), told an audience at the annual Options Industry Conference in Austin, Texas, that while distinct from the major technology…
James Rundle: A Different View of Data
While regulators struggle to adapt to the volume and variety of data they receive from market participants, James examines other ways of looking at systemic risk issues.
LEI Benefits Will Take Longer, Data Provider Exec Says
In Japan, LEI data will eventually work as a common language for counterparty data, according to Denis Sweeney of Interactive Data
BEPS Spreads Tax Data Collection Wider
An international policy forum is working on a project to collect and coordinate pricing data from multiple markets, with the intent of clearing up jurisdictional issues
European Derivatives Reporting Continues to Cause Headaches
Since February 12, parties to derivative trades in Europe have been obliged to report transactions to designated repositories. But with an unsteady launch, complaints about tough regulatory deadlines, and varying quality in the data reported, buy-side…
Barclays Joins Swift's KYC Data Utility Project
Barclays and 10 other banks are working with Swift to establish a central source of know-your-customer data
Rain, Snow and Architecture
Natas coverage and European regulatory efforts lead this week's coverage.
European Parliament Adopts CSD Reg
The European Parliament has agreed a range of rules designed to govern the operation of central securities depositories (CSDs) and settlement cycles in the continent's financial markets, known as CSD Reg in industry shorthand.
SEC's Berman: The Data Disputes HFT Narrative
The US Securities and Exchange Commission's (SEC’s) office of analytics and research has run extensive studies in the past year on cancellation rates and other market activities related to high-frequency trading (HFT). Citing the results, Gregg Berman,…