RegTech Insight Blogs The latest content from across the platform
No Enforcement Doesn’t Mean No Problem, Warns FCA on MiFID II Compliance
The question of regulatory enforcement is a tough one, and the FCA has come in for its fair share of criticism over how it has handled the compliance requirements for the radical new fee disclosure requirements brought in by MiFID II in January last year. The regulator has been adamant in its stance that MiFID…
MiFID II: A Long Way from Happy Ever After…
It is over a year since MiFID II was finally implemented on January 3, 2018 and in the mad dash to meet the regulatory deadline, many firms adopted immediate measures and mandatory shortcuts to meet the new research rules, that are now emerging as less than sustainable over the long-term. Fast forward 13 months, and…
Alpha FMC and Kaizen Partner on Transaction Reporting Compliance
Specialist regulatory reporting solutions provider Kaizen has teamed up with wealth management consultancy Alpha FMC to offer a new transaction reporting compliance assurance service. The collaboration will comprise a “health check” for specialist wealth managers and smaller asset managers including an assessment of current governance and control frameworks, a check on the accuracy of reported…
RegTech Blockchain Start-up Raises $1.7m in Seed Funding
TRM Labs, a San Francisco-based RegTech start-up focusing on blockchain solutions, has raised $1.7 million in seed funding from a consortium of investors led by specialist venture capital firm Blockchain Capital and including Tapas Capital, Green D Ventures, The MBA Fund and other angel investors. TRM will use the funds to scale its engineering talent…
SEC CAT Hits Another Hurdle
The US Consolidated Audit Trail (CAT) has hit another hurdle with the CAT National Market System (NMS) confirming that it is ‘transitioning the CAT project to a new plan processer’. This suggests Thesys Technologies, which was rather surprisingly selected as the plan processor by the self-regulatory organisations (SROs) that operate the CAT NMS in May…
RegTech Insight – Keeping Your Finger on the Regulatory Pulse
Welcome to Regtech Insight (RTI), a brand-new platform from A-Team Group bringing you the very latest in news, insights and exclusive analysis from the complex and fast-changing world of regulatory technology. Forming the third pillar of our comprehensive information service, RTI stands alongside Data Management Insight (DMI) and Trading Technology Insight (TTI) to offer a…
Growing Sense of Realism Around RegTech Implementation, Warns Thomson Reuters
There is an emerging sense of pragmatism around the adoption of new technology, according to the latest global survey from Thomson Reuters Regulatory Intelligence, released today. While the potential advantages of FinTech and RegTech are widely acknowledged, there is a growing sense of realism around the implementation challenges and practical reality of achieving the promised…
FRTB Poses Potential Threat to Smaller Regional Banks
In January the Basel Committee released final revisions to the upcoming Fundamental Review of the Trading Book (FRTB), including a number of modifications to make the regulation more palatable to industry players and a confirmed deadline of January 2022 for initial implementation. Despite its modest revisions, the transformative framework will enforce one of the biggest…
TradingTech Insight – Everything you Need to Know to Build the Best Trading Environment
Welcome to TradingTech Insight (TTI), a dedicated section of A-Team Group’s exciting new A-Team Insight website with a mission to keep you up date with all that’s new in trading technology, give you exclusive insights into hot topics, and provide you with information that will add value to your work. TradingTech Insight leverages A-Team’s trading…
OneSumX: A New Way of Meeting CECL Reporting and Compliance Obligations
A-Team Group speaks exclusively to Wolters Kluwer to learn more about OneSumX, a suite of integrated regulatory compliance solutions, and how it can assist firms to meet compliance requirements for the Current Expected Credit Losses (CECL) credit loss accounting standard model introduced in June 2016 by the Financial Accounting Standards Board (FASB). What is CECL…