Regulation
Raising Fatca Stakes
Data operations necessary for compliance with the US foreign accounts tax law, even with a delayed deadline, still need a lot of work, Michael Shashoua reports. Firms are considering the structure of their data repositories and approach to client…
Data Auditing: Finding the Needle in a Haystack
As auditing demands increase, so does the need for storage solutions that can quickly retrieve trade data from exact moments in time.
SEC Calls for Kill Switches Post-Nasdaq Outage
US Securities and Exchange Commission (SEC) chair Mary Jo White met with top industry executives today following the technology glitch on August 22 that saw the trading of Nasdaq-listed securities halted for three hours.
LSE Discusses its New Role Allocating Pre-LEIs
Emma Kalliomaki, the London Stock Exchange's head of SEDOL masterfile, discusses the processes it has put in place to ensure the uniqueness and validity of the pre-legal entity identifiers it issues in its new role as a pre-Local Operating Unit
Don't Delay, Do Fatca Compliance Today
Experts on the US Foreign Account Tax Compliance Act (Fatca) spot hurdles including governments' agreements, data security and incomplete parts of the rules, but say that shouldn't delay anyone from getting prepared
Thomson Reuters Files SEF Application
Thomson Reuters has filed an application with the US Commodity Futures Trading Commission (CFTC) to register as a swap execution facility (SEF).
Regulation & Standards special report
September 2013 - sponsored by:Citihub, Genpact, GoldenSource, London Stock Exchange, SIX Financial Information
CFTC Gives Green Light for Tradeweb's SEFs
The US Commodity Futures Trading Commission (CFTC) has granted temporary approval to Tradeweb Markets' application for swap execution facility (SEF) status.
Choosing Data Battles
Choices concerning the value of data, the use of data utilities and planning data governance are gaining importance to firms preparing to meet data demands produced by new compliance requirements
XBRL's Fatca Benefits
The US foreign tax law creates a high volume and complexity of data needed for compliance. Frederic Chapus, of shareholder documents and communications company RR Donnelley, calls Belgium’s use of the XBRL standard a useful example of what to do
ISITC Europe Aims to Foster Fatca Collaboration
The industry body has established a working group to explore efficient ways of addressing common challenges created by the US anti-tax evasion regulation
LSE Launches Bulk Registration For Pre-LEIs
The London Stock Exchange expects large firms and fund managers to take advantage of the option to request pre-legal entity identifiers for multiple entities in a single process
IRD's Editor on Basel Committee's Latest Guidance
The Basel Committee on Banking Supervision has been actively defining details of Basel III capital adequacy rules. Expect more from the committee throughout the remainder of the year.
A Long Way to Go
The Financial Stability Board (FSB) report on over-the-counter (OTC) derivatives reform makes for interesting reading, pointing out a number of areas where the markets are moving towards the Group-of-20 (G20) mandate set in 2009. The picture, overall,…
FSB Report Highlights OTC Reform Challenges
The Financial Stability Board (FSB) has released its latest report on the progress of global reform regarding the trading of over-the-counter (OTC) derivatives, saying that important milestones have been reached, but work is still needed from all…
Swift Launches BIC to LEI Directory
The messaging vendor believes providing a directory that cross-references Bank Identifier Codes and legal entity identifiers will facilitate adoption and integration of the latter
Basel Committee Returns To Spotlight
The Basel Committtee on Banking Supervision sees the upcoming G20 summit as an opportunity to put forward more details on Basel III capital adequacy rules
Basel Committee Recommends Reporting Improvements
The Basel Committee on Banking Supervision says enhanced disclosures by banks, including granular data on asset class mixes, may be needed to improve understanding of risk-weighted assets
ISITC Issues Multi-Listed Identifier Best Practices
The standards organization's working group is basing best practices on ISIN codes, as the most common and widely used format
Tullett Prebon Files SEF Application with CFTC
New York-based interdealer broker Tullett Prebon has announced it is applying to the US Commodity Futures Trading Commission (CFTC) to become a swap execution facility (SEF).
Advent, Advise Collaborate to Automate Form PF, Form CPO-PQR Reporting
The software vendors have integrated their portfolio management and regulatory reporting products to help private fund advisers and commodity pool operators comply with regulatory reporting requirements
Anthony Malakian: Regulators Literally Doing the Best They Can
In an environment of budgetary constraints, regulators must invest in top-tier analytical technologies. But, as Anthony explains, there is no “try” when it comes to preventing another 2008.
Michael Shashoua: Confounding Interests
Following the twists and turns of the legal entity identifier story, Michael finds clashing regulatory authorities, political maneuvering, and attempts by outside interests to sort through the wreckage.
For Regulators, Data Engineers in Demand
Regulators in the US have had to significantly increase not only their IT hardware and software, but their staffing as well, to meet Dodd-Frank-related demands.