Blooming blockchain and crypto sector posing thorny challenges to regulators
Payments

Blooming blockchain and crypto sector posing thorny challenges to regulators

1d | By Mohamed Dabo

Blooming blockchain and crypto sector posing thorn...

For European regulators charged with coordinating and guaranteeing the financial industry’s stability, the burgeoning blockchain technology brings sev...

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Decoupling from the EU: the new UK Investment Firm Prudential Regime
Asset management

Decoupling from the EU: the new UK Investment Firm Prudential Regime

2d | By Attilio Veneziano, Contributing Columnist

Decoupling from the EU: the new UK Investment Firm...

The Investment Firm Directive and Regulation (IFD and IFR), embodying the new prudential, capital and liquidity requirements regime for European inves...

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“So, you’re on tomorrow, I’m still on today.” - How to operate global capital markets in one solution
Trading & brokering

“So, you’re on tomorrow, I’m still on today.” - How to operate global capital markets in one solution

2d | GBST

“So, you’re on tomorrow, I’m still on today.” - Ho...

Patrick Sockett, product owner – institutional at GBST, talks about global capital markets, the challenges associated with trading across multiple reg...

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AFME, Protiviti report maps out barriers to wider cloud adoption
Banking

AFME, Protiviti report maps out barriers to wider cloud adoption

3d | By Anjali Kochhar

AFME, Protiviti report maps out barriers to wider ...

The Association for Financial Markets in Europe (AFME) has outlined some key the potential key regulatory barriers to a more far-reaching adoption of ...

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The climate transition risks for the banking sector
Banking

The climate transition risks for the banking sector

3d | Prometeia

The climate transition risks for the banking secto...

Senior economist Eliana Canavesio, economist Giulia Bassani, senior specialist Sofia Maria Lauriola and Alessandra Bettocchi of Prometeia analyse tran...

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EBA paves the way for tighter scrutiny of digital platforms
Payments

EBA paves the way for tighter scrutiny of digital platforms

4d | By Anjali Kochhar

EBA paves the way for tighter scrutiny of digital ...

The European Banking Authority (EBA) laid the groundworks for tighter supervision and regulation of digital platforms on Tuesday, warning “the speed o...

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Financial and operational risks mitigated with reconciliation automation
Treasury

Financial and operational risks mitigated with reconciliation automation

4d | ReconArt

Financial and operational risks mitigated with rec...

The reconciliation processes are a critical aspect of the accounting cycle. They can be tedious and time-consuming, but а reconciliation software larg...

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US government ready to roll out the big guns against crypto ransomware payments
Payments

US government ready to roll out the big guns against crypto ransomware payments

5d | By Mohamed Dabo

US government ready to roll out the big guns again...

The US government is setting out on the warpath to dismantle the digital finance infrastructure that supports ransomware cyberattacks, with guidelines...

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Surge in digital coins', DeFi's market share heightens pressure for CBDC development
Payments

Surge in digital coins', DeFi's market share heightens pressure for CBDC development

1w | By Jeremy Chan, Journalist

Surge in digital coins', DeFi's market share heigh...

The growth of crypto-assets, stable coins and decentralised finance (Defi) is ramping up pressure on global central banks to develop a government-back...

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NY Fed's vice president urges industry to move faster on Libor transition
Banking

NY Fed's vice president urges industry to move faster on Libor transition

1w | By Jeremy Chan, Journalist

NY Fed's vice president urges industry to move fas...

The Federal Reserve Bank of New York’s vice president called upon the financial sector to focus squarely on the 2021 deadline as the endgame for...

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SEC regulator, ESMA at odds over money market funds’ rule tightening
Asset management

SEC regulator, ESMA at odds over money market funds’ rule tightening

1w | By Anna Brunetti

SEC regulator, ESMA at odds over money market fund...

Risks that the US and EU regulatory stance on money market funds (MMFs) might bifurcate in opposite directions are on the rise after Securities and Ex...

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Legacy data sets holding back FI AML compliance teams
Banking

Legacy data sets holding back FI AML compliance teams

2w | By Aoife Morgan, Journalist

Legacy data sets holding back FI AML compliance te...

The fast-pace changes taking place in the anti-money laundering (AML) regulatory landscape, partially prompted by the scale of money laundering scanda...

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IOSCO calls on asset managers and intermediaries for stronger AI and ML processes
Asset management

IOSCO calls on asset managers and intermediaries for stronger AI and ML processes

2w | By Anjali Kochhar

IOSCO calls on asset managers and intermediaries f...

Amid the increased use of Artificial Intelligence (AI) and Machine Learning (ML) by asset managers and market intermediaries, the International Organi...

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Tech companies' unregulated financial data business creating substantial market distortions, industry warns
Banking

Tech companies' unregulated financial data business creating substantial market distortions, industry warns

3w | By Anna Brunetti

Tech companies' unregulated financial data busines...

Tech companies’ increasingly heavy rotation into the financial sector is creating market distortions in data service provision and pricing, leading in...

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AFME, Capco warn against ‘localising' effects of regulations aimed at banks’ increasingly global operations
Banking

AFME, Capco warn against ‘localising' effects of regulations aimed at banks’ increasingly global operations

3w | By Anjali Kochhar

AFME, Capco warn against ‘localising' effects of r...

Amid an ongoing debate as to whether banks should fully embrace a global operational approach or rather opt for sharper localisation, the Association ...

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Mid-sized market at risk of missing out on funding due to lack of ESG strategy
Asset management

Mid-sized market at risk of missing out on funding due to lack of ESG strategy

3w | By Aoife Morgan, Journalist

Mid-sized market at risk of missing out on funding...

Mid-sized businesses falling behind on ESG agendas are at risk of missing out on a new batch of funding as lenders become more selective and ESG-focus...

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Pandemic-led AP workarounds unfit for future of hybrid working, adviser warns
Payments

Pandemic-led AP workarounds unfit for future of hybrid working, adviser warns

3w | By Jeremy Chan, Journalist

Pandemic-led AP workarounds unfit for future of hy...

Companies’ AP function needs to adopt more digital and automated solutions as the pandemic laid bare the inefficiencies of manual and paper-based proc...

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Buoyed by ARRC’s stamp of approval, term Sofr rates may bypass much of the market’s need for CSRs
Banking

Buoyed by ARRC’s stamp of approval, term Sofr rates may bypass much of the market’s need for CSRs

4w | By Jeremy Chan and Anna Brunetti

Buoyed by ARRC’s stamp of approval, term Sofr rate...

The term Sofr rate recently endorsed by the US Alternate Reference Rate Committee (ARRC) – a private working group commissioned by the Federal R...

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