EU anti-money laundering proposals already pushing crypto business away, warn advisors
Asset management

EU anti-money laundering proposals already pushing crypto business away, warn advisors

2m | By Aoife Morgan, Journalist

EU anti-money laundering proposals already pushing...

Financial sector advisors are warning that the European Commission’s plans to crack down on the crypto sector, bringing crypto exchanges and service p...

View article
FCA, CFTC: More post-pandemic coordination needed on financial sector standards
Banking

FCA, CFTC: More post-pandemic coordination needed on financial sector standards

3m | By Jeremy Chan, Journalist

FCA, CFTC: More post-pandemic coordination needed ...

Regulators from Europe, the US and Japan called for stronger and faster cooperation on key aspects of global financial sector standards. Directors fro...

View article
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

3m | 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 ...

View article
Pressure mounts on SEC to scrap liquidity-based gates and fees on money market funds
Banking

Pressure mounts on SEC to scrap liquidity-based gates and fees on money market funds

3m | By Sam Alberti, Reporter

Pressure mounts on SEC to scrap liquidity-based ga...

Pandemic-driven runs on prime MMFs strengthen the case for ‘delinking’ redemption curbs from asset liquidity Read More...

View article
Fintechs weathering pandemic
Banking

Fintechs weathering pandemic

4m | By Jeremy Chan, Journalist

Fintechs weathering pandemic

Fintechs remain resilient but still faces challenges to long term viability Read More...

View article
Bailey: Combination of reforms needed to tackle ‘dangerous’ money market funds
Banking

Bailey: Combination of reforms needed to tackle ‘dangerous’ money market funds

4m | By Tom Lemmon, Reporter

Bailey: Combination of reforms needed to tackle ‘d...

Pandemic revealed MMFs are still not resilient enough despite regulatory tightening since 2008 crisis Read More...

View article
Calls for CRM to include PISPs and electronic money issuers
Payments

Calls for CRM to include PISPs and electronic money issuers

8m | By Aoife Morgan, Journalist

Calls for CRM to include PISPs and electronic mone...

Forty-one percent of authorised push payment (APP) scams have been reimbursed since the introduction of the Contingent Reimbursement Model (CRM) but “...

View article
SEC charges against Ripple face criticism
Payments

SEC charges against Ripple face criticism

8m | By Leanna Reeves, Journalist

SEC charges against Ripple face criticism

The Securities and Exchange Commission’s (SEC) latest charges against Ripple Labs Inc shows the regulator’s ambition to further supervise ongoing deve...

View article
FCA needs intense safeguarding revisal, say UK PSPs
Payments

FCA needs intense safeguarding revisal, say UK PSPs

1y | By Shannon Moyer, Journalist

FCA needs intense safeguarding revisal, say UK PSP...

Following Wirecard’s failures, market participants have raised flags around the Financial Conduct Authority’s (FCA) regulations on firms s...

View article
Information for Sonia transition thin on the ground
Banking

Information for Sonia transition thin on the ground

2y | Salmon Software Limited

Information for Sonia transition thin on the groun...

Though there is no doubt that the London Interbank Offered Rate (Libor) is expected to cease by the end of 2021, many in the industry are still trying...

View article
Market contemplates AI standards amidst regulatory pressure
Asset management

Market contemplates AI standards amidst regulatory pressure

2y | By Emma Olsson, Reporter

Market contemplates AI standards amidst regulatory...

An industry-led artificial intelligence (AI) standard may be forthcoming according to Bill Wardwell, vice president of strategy and product at Bo...

View article
MRRA: The devil's in the detail
Insurance

MRRA: The devil's in the detail

2y | By Rebekah Tunstead, Reporter

MRRA: The devil's in the detail

There is a disconnect between associations and market participants over the use of a Master Regulatory Reporting Agreement (MRRA) for European Market ...

View article
Capital markets participants need new regulatory approach
Trading & brokering

Capital markets participants need new regulatory approach

2y | Gresham Technologies

Capital markets participants need new regulatory a...

After more than a decade of intensifying regulatory scrutiny, and calls for greater transparency across financial markets, it is striking that so many...

View article
US banks may struggle with same-day ACH window
Trading & brokering

US banks may struggle with same-day ACH window

2y | By Rebekah Tunstead, Reporter

US banks may struggle with same-day ACH window

Mid and lower tier US banks could find it difficult to run a third batch process within a business day to accommodate an additional same-day Automate ...

View article
Video: Banks must publish faster and to higher standards
Insurance

Video: Banks must publish faster and to higher standards

2y | bobsguide

Video: Banks must publish faster and to higher sta...

While the regulatory wave that followed the financial crisis appears to have crested, financial institutions are still facing new challenges. Global a...

View article
CAT scan: what’s the latest?
Asset management

CAT scan: what’s the latest?

2y | Gresham Technologies

CAT scan: what’s the latest?

The news in January that Thesys – the originally chosen consolidated audit trail (CAT) processor – had been fired, was seen by many in the...

View article
Uncertainty over Pripps performance scenario options continues
Asset management

Uncertainty over Pripps performance scenario options continues

2y | By Rebekah Tunstead, Reporter

Uncertainty over Pripps performance scenario optio...

A divergence of regulatory approaches to recommendations for assessing how consumers could be helped by a new investment disclosure regulation for fun...

View article
Video: Asset managers struggling to interpret regulations
Asset management

Video: Asset managers struggling to interpret regulations

2y | By David Beach, Reporter

Video: Asset managers struggling to interpret regu...

As new rules are applied to asset managers, data sourcing and management are growing challenges for firms, according to a video panel conducted by bob...

View article