AIC: Regulators must act on Esma review
Asset management

AIC: Regulators must act on Esma review

2m | bobsguide

AIC: Regulators must act on Esma review

Action must be taken following the European Securities and Markets Authority (Esma)’s review into Ucits liquidity risk management and market practices...

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System integration facilitates regulatory compliance and improves P&L, says Finastra
Banking

System integration facilitates regulatory compliance and improves P&L, says Finastra

3m | By Leanna Reeves, Journalist

System integration facilitates regulatory complian...

As the pandemic continues to drive digitalisation across industries, the benefits of adopting an integrated approach are recognised more than ever by ...

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Intraday liquidity regulation – a decade of progress?
Insurance

Intraday liquidity regulation – a decade of progress?

3m | By Pete McIntyre, Director

Intraday liquidity regulation – a decade of progre...

September 2008 saw the emblematic moment of the Global Financial Crisis (GFC) when Lehman Brothers collapsed. Intraday liquidity was fundamental to th...

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Budget 2021: Fintech omission disappoints
Payments

Budget 2021: Fintech omission disappoints

4m | By Tom Lemmon, Reporter

Budget 2021: Fintech omission disappoints

Hopes of detailed spending plans for fintech were dashed when Chancellor Rishi Sunak failed to specifically mention the sector in his Budget speech on...

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Fintechs praise Kalifa Review but await government response
Banking

Fintechs praise Kalifa Review but await government response

4m | By Tom Lemmon, Reporter

Fintechs praise Kalifa Review but await government...

Reaction to the long-awaited Kalifa Review of UK Fintech by the fintech community has been broadly positive. But the industry’s attention now turns to...

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Effective AANA management can move firms outside scope of UMR
Trading & brokering

Effective AANA management can move firms outside scope of UMR

4m | By Tom Lemmon, Reporter

Effective AANA management can move firms outside s...

Understanding and monitoring the Average Aggregate Notional Amount (AANA) calculations as early as possible can provide firms caught by the Uncleared ...

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Are the complexities of the new Investment Firms Regulation (IFR) to investment firms as kryptonite is to superman?
Banking

Are the complexities of the new Investment Firms Regulation (IFR) to investment firms as kryptonite is to superman?

8m | AxiomSL

Are the complexities of the new Investment Firms R...

Even though investment firms have very different primary business models and risk profiles as opposed to lending institutions, to date, for regulatory...

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CAT vendors discourage piecemeal solutions
Trading & brokering

CAT vendors discourage piecemeal solutions

9m | By Emma Olsson, Reporter

CAT vendors discourage piecemeal solutions

Tech vendors are urging market participants to adopt end-to-end consolidated audit trail (CAT) solutions as phased deadlines complicate implementation...

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Further expansion of corporate criminal liability becomes ever more likely
Banking

Further expansion of corporate criminal liability becomes ever more likely

1y |

Further expansion of corporate criminal liability ...

The law on money laundering is continually evolving at both a national and EU level, as EU governments struggle to combat ever increasing levels of ec...

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Financial services and the UK regulation agenda: more than a response to coronavirus
Banking

Financial services and the UK regulation agenda: more than a response to coronavirus

1y | bobsguide

Financial services and the UK regulation agenda: m...

On April 7, 2020, the Financial Conduct Authority (FCA) published its business plan for 2020/2021. Understandably, the FCA’s main immediate focu...

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Coronavirus may delay EU AI roadmap
Banking

Coronavirus may delay EU AI roadmap

1y | By Shannon Moyer, Journalist

Coronavirus may delay EU AI roadmap

The European Commission’s ruleset on artificial intelligence (AI) may be delayed until well after the end of the year due to the pandemic. Regul...

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Automation to simplify insurance claims
Insurance

Automation to simplify insurance claims

1y |

Automation to simplify insurance claims

Arbitration, a means of resolving disputed cases through a third-party mediator, offers an attractive alternative to solving complex claims through th...

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Pandemic raises concerns over SCA deadline
Banking

Pandemic raises concerns over SCA deadline

1y | By Emma Olsson, Reporter

Pandemic raises concerns over SCA deadline

The European payments industry may not be prepared to reach the deadline for strong customer authentication (SCA) as it attempts to mitigate the coron...

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Ten things you need to know about the Shareholder Rights Directive II
Insurance

Ten things you need to know about the Shareholder Rights Directive II

1y | By Russ Bryan, Director

Ten things you need to know about the Shareholder ...

The clock is ticking on the European Union (EU)’s Shareholder Rights Directive II (SRD II), which comes into force on 3 September 2020. It’s part of a...

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Digital assets not always financial instruments, blockchain consultants agree
Asset management

Digital assets not always financial instruments, blockchain consultants agree

1y | By Emma Olsson, Reporter

Digital assets not always financial instruments, b...

Blockchain technology should be regulated as data rather than a financial instrument, according to a panel of lawyers and policy consultants at a Lond...

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Regulators and supervisors divide over third-party concentration risk
Banking

Regulators and supervisors divide over third-party concentration risk

1y | By Emma Olsson, Reporter

Regulators and supervisors divide over third-party...

Financial regulators and supervisors are struggling to establish an approach to concentration risk among third-party suppliers, as the use cases for o...

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Supervisors playing catch-up over tech adoption
Trading & brokering

Supervisors playing catch-up over tech adoption

1y | By Emma Olsson, Reporter

Supervisors playing catch-up over tech adoption

Regulatory supervision must evolve to cope with the speed of innovation within financial services, policy makers, supervisors and regulators agree. A ...

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McKinsey’s Rajgopal: Volcker Rule not doomsday for bank/fintech partnerships
Banking

McKinsey’s Rajgopal: Volcker Rule not doomsday for bank/fintech partnerships

2y | By Emma Olsson, Reporter

McKinsey’s Rajgopal: Volcker Rule not doomsday for...

Regulatory changes in the US, including the rollback of the Volcker rule, will not be “deterministic” of banks’ propensity to partne...

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