RegTech Insight Blogs The latest content from across the platform

MiFID II Transaction Reporting Requirements Posing Big Problem for Investment Firms

Over 1,000 investment firms identified problems with their MiFID II transaction reporting requirements in 2018, according to regulatory consultancy Bovill – raising questions around how well the industry is really adapting to the complexities of the new regime. A Freedom of Information request found that a total of 1,335 notifications of inaccurate transaction reporting were…

TradeChannel Joins Forces with UnaVista for SFTR Reporting

Software specialist TradeChannel, part of Compliance Solutions Strategies (CSS), has joined the UnaVista Partner Programme to support clients in meeting the extensive and complex demands of the upcoming Securities Financing Transactions Regulation (SFTR). “With EMIR and MiFID II we have seen how regulatory changes affects our clients and their data needs,” says TradeChannel CEO Mikkel…

European Parliament Adopts Banking Reform Package – Including Revised Rules on Capital Requirements (CRR II/CRD V) and Resolution (BRRD/SRM)

It has taken almost two years, but the European Parliament on April 16 finally endorsed the banking reform package proposed by the European Commission back in November 2016: covering key elements including the revised rules on capital requirements, and updating the framework of harmonised rules established in the wake of the financial crisis (the so-called…

Cappitech Launches New MiFID II Market Intelligence Product

Cappitech, an Israeli provider of regulatory reporting and intelligence solutions, on April 15 announced the launch of RTS 28 Market Intelligence, an electronic surveillance and analytics tool to assess firms’ best execution capabilities across all asset classes and benchmarks performance to the industry average.  The new tool, says the firm, will enable financial institutions to…

KRM22 Launches Conduct Risk Training Offering through Global Risk Platform

KRM22, a technology and software investment company focusing on risk management in capital markets, today announced a new partnership agreement with Dutch online training firm Entrima to make its online training portal, the Market Abuse Centre, available to buy through the KRM22 Global Risk Platform. The three training programmes available are SMCR, Market Abuse and…

VIRTUAL ROUNDTABLE: Fundamental Review of the Trading Book (FRTB) – The when, the why and the how…?

With implementation just around the corner, FRTB should be at the top of every bank’s agenda. In advance of A-Team Group’s hotly anticipated Breakfast Briefing on May 14, we gathered together a group of experts to discuss the essential issues and top priorities that firms should be focusing on in the run-up to D-Day… One…

A Catalogue of Errors: Regulators Fine Standard Chartered Bank a Further $1.1bn for AML Violations

The UK’s Financial Conduct Authority (FCA) has fined Standard Chartered Bank £102.16 million for Anti-Money Laundering (AML) breaches in two higher risk areas of its business, the regulator announced last week.  US authorities have also fined the bank around $947 million over allegations that it violated international money laundering sanctions against countries including Iran. The…

Apiax Opens London Branch in Midst of Brexit Turmoil

The uncertainties surrounding Brexit are increasing the need for efficient compliance solutions and in yet another example of overseas firms benefiting from the current uncertainty, Swiss solutions provider Apiax on Tuesday confirmed the launch of a new London office to leverage UK opportunities in the Regtech space. The Zurich-based RegTech startup, which offers financial institutions…

RegTek.Solutions Extends Platform with New SFTR Reporting Solution

RegTek.Solutions today announced an extension of its regulatory reporting platform to include a full solution for the upcoming Securities Financing Transactions Regulation (SFTR), a final reporting deadline for which has now been set for April 12, 2020. Designed as a data quality gatekeeper prior to submission to trade repositories, the solution will cover the full…

Compliance.ai Continues Proactive Expansion with LogicManager Partnership

Compliance.ai, a regulatory change management platform, has followed up its recent Blueprint Software partnership with yet another strategic deal, as it continues the expansion push first started back in Q3 of 2018. This week, the firm announced a new collaboration with enterprise risk management (ERM) software provider LogicManager: which will add Compliance.ai’s customized regulatory content…