The global auditing standards setter, the International Auditing and Assurance Standards Board (IAASB), has released its proposals for ISSA 5000, which will cover the validation of ESG data. As the IAASB explained to ESG Insight last week, the standard – if adopted – is hoped to harmonise the way ESG data is verified by auditors.
Surveillance in capital markets has evolved in silos. Trade surveillance, voice recording, and electronic communications monitoring have traditionally operated as parallel control functions, each with distinct datasets, workflows and alerting logic. Yet recent enforcement actions on both sides of the Atlantic – ranging from off-channel communications failures to market manipulation cases – demonstrate a consistent...
Business conduct data is becoming more important to financial institutions as the risk of exposure to damaging incidents increases. A new survey of more than 500 C-suite risk leaders by RepRisk – a provider of data on business conduct risks faced by financial and other industries – found that four-fifths expect business conduct risk data...
Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.
The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...
