RegTech Insight Blogs The latest content from across the platform
Divergence Brings Investment Opportunity, But a Whole Myriad of Reporting Complexities
Quinn Perrott, co-CEO of TRAction. Hard to believe, but we are almost 24 hours away from the day that has been on the horizon for what seems like an eternity. Ironically, when Big Ben finally bongs at 11pm (GMT) on Friday, Brexit still does not mean Brexit. Britain may have officially left the EU treaties,…
EU Policy Adviser Dr David Doyle Outlines TradingTech Summit Keynote on Impact of EU Regulation
With Brexit just a day away and the EU regulatory agenda for 2020 beginning to unfold, we talk to EU Policy Adviser for Financial Services Regulation, Dr David Doyle, about his expectations for the year ahead, the impact of Brexit on the UK trading industry, and potential amendments to MiFID II. To find out more…
A Quiet Revolution: Changing Attitudes to Oversight and Contingent NAV Capabilities
The legal and regulatory landscape for the asset management industry has transformed over the past decade – with major upgrades such as AIFMD, FATCA, CRS and BEPs, in addition to a myriad of local compliance requirements. As the reporting demands of both investors and regulators grow, so too does the need for specialist knowledge, processes…
Market Abuse Crackdown: Could your Solution Stand Up to Scrutiny?
Other regulations may have taken the spotlight in the three years since the EU’s Market Abuse Regulation (MAR) came into force in July 2016, but its overarching goal of harmonised capital market transparency remains a key regulatory focus – and it would be a mistake to think that the authorities have taken their eye off…
Future of Sustainable Data Alliance Drives Capital Markets Contribution to UN Sustainable Development Goals
Refinitiv has established the Future of Sustainable Data Alliance with the objective of accelerating the mobilisation of capital into sustainable finance. The alliance will address the question: What data do investors and governments need to meet the requirements of both regulators and customers for sustainable investments and products in pursuit of the 2030 Agenda. It…
Industry Group Recommends Rigorous Regulatory Overhaul Post-Brexit
A new report from the International Regulatory Strategy Group (IRSG), supported by Linklaters and industry body TheCityUK, has issued a stark warning on the risks and challenges that the UK’s financial architecture will face in terms of regulatory oversight following its departure from the EU. The International Regulatory Strategy Group (IRSG) is a practitioner-led group…
ComplyAdvantage Boosts Growth Plans with New COO Hire
Financial crime compliance specialist ComplyAdvantage has appointed Vatsa Narasimha as Chief Operating Officer and Chief Financial Officer, as it continues to chart an aggressive growth strategy following last year’s successful $30 million Series B financing round (led by Index Ventures and Balderton Capital), a recent doubling of headcount, and new office openings in Singapore and…
Trade Associations Demand Reporting Changes Ahead of MiFID II Review
The European Forum of Securities Associations (EFSA), in conjunction with members from Spain, France, Italy, Belgium, Germany, Denmark, Poland, and Sweden, this week released an open letter calling for a number of changes to be considered as priorities in any upcoming review of MiFID II by the EU authorities. “There are some areas… which need…
NICE Actimize Adds Cryptocurrency Element to AML Solutions Portfolio
NICE Actimize, a specialist in autonomous financial crime management, has jumped on the blockchain bandwagon with the addition of cryptocurrency intelligence platform CipherTrace to X-Sight Marketplace, its financial crime and compliance ecosystem. Founded in 2015 by three Silicon Valley entrepreneurs, CipherTrace claims to be the world’s first blockchain forensics provider, offering tracing and security services…
SIX Changes the Game with New Sanctions Data Service
Last week, Switzerland-based Six launched a new Sanctioned Securities Monitoring Service (SSMS) on the Open:FactSet Marketplace (OFM) – a move that it hopes will change the game when it comes to filling in the gaps of KYC compliance for investment professionals. The service is designed to help users mitigate risk by understanding the potential impact…