Regulation
Cost and Complexity for Asian Tigers
It’s trading, Jim, but not as we know it.
StatPro Adds Ucits Capabilities to Revolution; Lands Caceis
Portfolio analytics vendor StatPro Group has upgraded its Revolution platform to allow for global exposure and liquidity monitoring, which the company says will aid in staying compliant with Ucits IV.
Fatca-Fueled Shuffle
The US foreign tax collection regulation is beginning to drive firms to change data documentation and management procedures. Michael Shashoua audits the developments
Cusip Adds LEI Data to Relieve Mapping Burden
Cusip Global Services says incorporating legal entity identifier data will help firms link to the new standard because many of their internal identifiers are mapped to Cusip numbers
Reading the Basel Tea Leaves
The Basel Committee on Banking Supervision's latest guidance on the Basel III capital adequacy rules seems to contradict the tone of past statements
Anthony Malakian: Has Wall Street Learned Its Lesson?
Three years ago this month, the Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into law. Anthony says that while much has improved, there’s still a system in place that rewards greed.
Max Bowie: Will Ratings Rethink Restore Credit Confidence?
Rightly or wrongly, credit rating agencies are often blamed for the financial crisis. But with new stricter rules for rating agencies now in force, Max says why not rethink the entire issue of regulating ratings, and give them the same status as any…
Dodd–Frank Turns Three—What's Next?
July marks the three-year anniversary of the Dodd–Frank Act being signed into law. Anthony Malakian takes a look back at the IT challenges faced, and previews what’s still ahead.
Regulators Propose Added Basel III Guidance
The Basel Committee on Banking Supervision, the author of the Basel III capital adequacy regulation, has issued proposals concerning leverage ratios, collateral and derivatives exposures
New Company Seeks ESMA Approval For Trade Repository
A new company set up by CapitalTrack, Capital Market Daily Portal and Fincore believes its trade repository will be attractive to market participants because it is not affiliated to a clearing house
UBS, Bank of America Find Value in DMM Model
Using the EDM Council's Data Management Maturity (DMM) model, UBS Securities and Bank of America have been able to improve on their data governance and data management, officials say
BNY Mellon Exec Predicts 'Global Fatca'
Amy Harkins, a senior vice-president and managing director at BNY Mellon, points to discussions about a "Global Fatca" sparked by various nations' responses to the US foreign tax compliance regulation
Pre-LEIs, Pre-LOUs, COU Top Agenda at LEI ROC Plenary
At a meeting last week, the regulatory oversight committee of the global legal entity identifier (LEI) system agreed on plans to develop statutes governing the LEI's central operating unit
Rimes Adds Swaps Index Data Feed
The managed data services vendor has added a new feed to its Reference Data Service that classifies indexes as either narrow-based or broad-based, according to the definitions of the Dodd-Frank Act
BCS Gains FCA Authorization, Launches Brokerage
Russian financial group BCS Prime Brokerage has gained regulatory approval from the UK's Financial Conduct Authority (FCA), and is launching its international brokerage business.
SEFs at the Starting Gate, Technologists Prep for Challenges
On May 16 this year, US regulators finalized long-awaited rules that govern various aspects of how swap execution facilities will operate. Several years after the draft rules were first announced, attention now turns to the technology challenges…
TeraExchange Signs NFA for SEF Regulatory Services
The National Futures Association (NFA) has announced that TeraExchange has signed a pre-launch regulatory services agreement (RSA) with the industry body as part of its application to become a swap execution facility (SEF).
Marking Time on Mifid II
Europe, surprisingly, seems to agree on something.
Solvency II special report
June 2013 - sponsored by: Axiom SL, Morningstar, SIX Financial Information, Thomson Reuters
Consortium Launches Pre-LEI Data Source
GS1, FIX Protocol Ltd., Tahoe Blue and the Corporation for National Research Initiatives have launched P-lei.org, a project to distribute data for legal entity identifiers issued by pre-local operating units.
DataArt Partners with 10gen for Data Aggregation, Opera Reporting
Software provider DataArt is teaming up with 10gen, which develops the MongoDB NoSQL open-source database, to tackle challenges related to big data and the aggregation of data. The first result of this pairing is a reporting solution for the proposed…
EDM Council Readies FIBO Specs, Works With Bank of England and Microsoft
The EDM Council and the Object Management Group are preparing to issue specifications for their ontology, which is being aligned with Bank of England templates. The EDM Council has also piloted its data maturity model with Microsoft