RegTech Insight Blogs The latest content from across the platform
Financial Institutions Turn to AI and Cloud to Solve Data Challenges
Financial institutions are undergoing digital transformations that are seeing them harness the full potential of the huge volumes of data they generate. Importantly, to do that they are deploying the technologies that are already defining our era – artificial intelligence (AI) and the cloud. From streamlining back-office processes to informing front-office decision making, and from…
New Nature Data Disclosures Expected Under TNFD Proposals
A landmark report is expected to see stringent data disclosure rules placed on financial institutions to reduce their exposure to risks posed by biodiversity loss and help them direct capital to companies and projects that can restore waterways, forests and other natural features lost to human activity. The Taskforce for Nature-related Financial Disclosures’ (TNFD) final…
EMIR Refit is on the Horizon – Is Your Organisation Ready? Find Out at Next Week’s RegTech Summit London
European Market Infrastructure Regulation Refit (EMIR Refit) is on the horizon with new reporting standards including more reporting fields, a change in reporting format from CSV to XML, an increase in the number of trading repository reconciliation fields for pairing a matching, and mandatory use of the Unique Product Identifier (UPI), which moves into production…
Webinar Preview: How to Develop a Reporting Framework for ESG Disclosure Regulation
The surge of new regulations covering the disclosure of ESG data has been accompanied by deepening confusion over how financial institutions and corporates should prepare for an evolving regulatory landscape. As these are new requirements, organisations are having to interpret for themselves how they can comply. There is a risk of misinterpretation and the potential…
GLEIF and Open Ownership Collaborate on Beneficial Ownership Data to Fight Financial Crime
The Global LEI Foundation (GLEIF) and Open Ownership, provider of a beneficial ownership database funded by donors including government agencies, have collaborated to integrate Legal Entity Identifiers (LEIs) into Open Ownership datasets produced in line with the Beneficial Ownership Data Standard (BODS), an open standard providing guidance on collecting, sharing and using high-quality data on…
Endoxa Consortium Partners with Droit for Innovative Position Reporting Utility
Following its $23 million Series B investment earlier this year, Droit, the technology firm specialising in computational law and regulation, has been chosen by the Endoxa Consortium, a new collaboration of five major global banks, to develop a position reporting and shareholder disclosure utility. The consortium, which includes Barclays, BNP Paribas, Goldman Sachs, HSBC, and…
Webinar Review: Net-Zero Goals Face Data Challenge but Offer Hope
Decarbonising the atmosphere is the most ambitious target that’s been set to limit rising global temperatures to within the levels set by the Paris climate agreement. But putting in train the processes that can achieve that target is proving difficult. The financial system will be key to finding the resources to bring that change. But…
Are We Paralysing CSOs Through ESG Metric Overload?
AI ethics analyst Tess Buckley examines how new technology can be applied to streamline ESG regulatory compliance. The overwhelming number of ESG disclosures unnecessarily burdens Chief Sustainability Officers (CSOs), potentially hindering their pursuit of meaningful change. We believe this causes paralysis of ESG changes that stems from a need for more regulation and standardisation in…
TS Imagine Partners with eflow to Add Surveillance Capabilities
Trading and risk management platform provider TS Imagine has forged a partnership with eflow, a provider of regulatory compliance solutions, that aims to help mutual clients both to meet their regulatory obligations and to safeguard against market abuse through communications monitoring. According to Alex Carteau, head of corporate development at TS Imagine, “This partnership bolsters our…
ESG Ratings Regulation Proposal Questioned Over Green Deal Alignment
An EU proposal to regulate ESG rating agencies has been criticised for failing to align with the bloc’s broader green finance laws. While the European Commission’s (EC) proposed regulation has been widely welcomed, critics including the Institute for Energy Economics and Financial Analysis (IEEFA) say several shortcomings would render it ineffective. An ESG ratings experts…