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

1m | 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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Mifid II fines more than quadruple in 2020 as national regulators turbo-charge enforcement
Asset management

Mifid II fines more than quadruple in 2020 as national regulators turbo-charge enforcement

3m | By Tom Lemmon, Reporter

Mifid II fines more than quadruple in 2020 as nati...

Penalties linked to breaches of Mifid II reporting requirements more than quadrupled in 2020 as European member states fully switched to enforcement m...

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Equivalence hopes on financial rules fade as EU slams UK’s lack of commitment
Banking

Equivalence hopes on financial rules fade as EU slams UK’s lack of commitment

4m | By Tom Lemmon, Reporter

Equivalence hopes on financial rules fade as EU sl...

Prospects for a EU-UK equivalence agreement on financial services regulation appeared to ebb away after EU commissioner Mairead McGuinness criticised ...

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Banks and brokers encourage second EU research unbundling
Banking

Banks and brokers encourage second EU research unbundling

7m | By Aoife Morgan, Journalist

Banks and brokers encourage second EU research unb...

Despite asset managers looking to negotiate prices down for specific areas of research after the second Markets in financial infrastructure directive ...

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Germany takes lead on Mifid reform
Insurance

Germany takes lead on Mifid reform

2y | By Rebekah Tunstead, Reporter

Germany takes lead on Mifid reform

The German Ministry of Finance has put itself forward as a key initiator of regulatory change in Europe with the publication of two position papers of...

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Absence of trader ID disclosures leading to Mifid II reporting failure
Insurance

Absence of trader ID disclosures leading to Mifid II reporting failure

2y | By Rebekah Tunstead, Reporter

Absence of trader ID disclosures leading to Mifid ...

Uncertainty regarding reference data – particularly the identification of individual traders or decision makers in transaction reporting –...

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Pressure on CTRM/ETRM systems to find arbitrage
Trading & brokering

Pressure on CTRM/ETRM systems to find arbitrage

2y | By Rebekah Tunstead, Reporter

Pressure on CTRM/ETRM systems to find arbitrage

For years commodity traders and risk managers depended on legacy systems, spreadsheets and paper documentation. But with commodity markets becoming mo...

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Overconfidence and overreliance: the two mistakes of SFTR implementation
Trading & brokering

Overconfidence and overreliance: the two mistakes of SFTR implementation

2y |

Overconfidence and overreliance: the two mistakes ...

The investment banking sector has coped with relentless regulatory change over the last 10 years. However, despite these tighter regulations and updat...

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Mifid crackdowns can be smoothed with software enhancements
Trading & brokering

Mifid crackdowns can be smoothed with software enhancements

2y | By Michael McCaw, Editor

Mifid crackdowns can be smoothed with software enh...

With historic fines being levied for breaches of the Markets in Financial Instruments Directive (Mifid) and national conduct authorities (NCAs) sugges...

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Mifid II review could see regulatory backtrack
Trading & brokering

Mifid II review could see regulatory backtrack

2y | By Alex Hamilton, Reporter

Mifid II review could see regulatory backtrack

The complexity of transaction reporting requirements under Europe’s second Markets in Financial Instruments Directive (Mifid II) combined with t...

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Transforming transaction data management: 3 considerations for financial institutions as global trade reporting requirements intensify
Insurance

Transforming transaction data management: 3 considerations for financial institutions as global trade reporting requirements intensify

3y | By Jordan Ambrose, CEO

Transforming transaction data management: 3 consid...

Trying to collate everything manually, when detail exists in different formats across numerous data silos, is no longer sustainable. In any case, many...

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Conglomerates still struggling with commodity position calculations
Trading & brokering

Conglomerates still struggling with commodity position calculations

3y | By Rebekah Tunstead, Reporter

Conglomerates still struggling with commodity posi...

A number of large conglomerates with exposures in European commodity derivatives are still relying on manual processes such as Excel to collate data a...

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Mifid II reporting - where are we today?
Trading & brokering

Mifid II reporting - where are we today?

3y | By Chrissy Chiu, Journalist

Mifid II reporting - where are we today?

The second Markets in Financial Instruments Directive (Mifid II) presented a huge and ongoing task for firms with European exposures.  The volume...

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Mifid II post-trade data not bringing clarity to the market
Insurance

Mifid II post-trade data not bringing clarity to the market

3y | By Rebekah Tunstead, Reporter

Mifid II post-trade data not bringing clarity to t...

Approved publication arrangements (APAs) are interpreting rules set out in the second Markets in Financial Instruments Directive (Mifid II) differentl...

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Mifid II: one year on
Insurance

Mifid II: one year on

3y | By Marc McCarthy, Associate Director, Business Consulting

Mifid II: one year on

Having worked on many large-scale projects, nothing beats the feeling of completing something you have laboured over for months and years. The uphill ...

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Slow progress in research market sees pre-Mifid conduct continue
Asset management

Slow progress in research market sees pre-Mifid conduct continue

3y | By Michael McCaw, Editor

Slow progress in research market sees pre-Mifid co...

Despite significant rules designed to unbundle research costs within the asset management industry – which came into force under the second Mark...

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Mifid II: asset managers "hearing from the regulators"
Asset management

Mifid II: asset managers "hearing from the regulators"

3y | By David Beach, Reporter

Mifid II: asset managers "hearing from the regulat...

“The regulatory burden on a financial institution operating in multiple regimes – plus Brexit – is incredibly large,” said Har...

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Asset managers still feeling Mifid II research squeeze
Trading & brokering

Asset managers still feeling Mifid II research squeeze

3y | bobsguide

Asset managers still feeling Mifid II research squ...

Nine months into the second Markets in Financial Instruments Directive, asset managers are still feeling the pinch around research. The directive pro...

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