The Financial Stability Board (FSB) has published a report on governance arrangements for the Unique Product Identifier (UPI). The UPI will uniquely identify the product involved in OTC derivatives transactions reported to trade repositories. This will help authorities aggregate data on OTC derivatives transactions by product, allowing the effective use of OTC derivatives trade reporting data to help authorities assess systemic risk and detect market abuse. The Legal Entity Identifier Regulatory Oversight Committee (LEI ROC) will become the International Governance Body for the UPI and Unique Transaction Identifier (UTI). The UPI Technical Guidance should be implemented by Q3 2022.
A-Team Insight Briefs
Upcoming Webinar: High noon for surveillance: resolving tension between the costs of false positives, challenges of calibration, and compliance
Date: 30 January 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET When it comes to trade surveillance, regulators want firms to do their own alert calibration, examine all alerts, and keep auditable records. Firms need to balance the real cost of false positives with the technical challenge and risk of self-calibrating and auto-calibrating,...
The pace of change in financial markets is accelerating with ever-changing compliance mandates, increasingly burdensome regulations, and disruptive new business models. An aggressively innovative multiple enterprise technology specialist, Appian, is aiming to leverage this disruption to positive effect – turning ideas into effective business applications through its low-code development platform. What is low code? Essentially,...
The Fundamental Review of the Trading Book (FRTB) Breakfast Briefing, will examine how the capital markets industry is approaching FRTB data management and will look at the implications for the ways that firms source, manage and store data for FRTB compliance.
Welcome to A-Team Group’s best read handbook, the Regulatory Data Handbook, which is now in its seventh edition and continues to grow in terms of the number of regulations covered, the detail of each regulation and the impact that all the rules and regulations will have on data and data management at your institution. This...