RegTech Insight ESG The latest content from across the platform
EU Regulator Offers Guidance on Cloud Outsourcing
ESMA has issued new guidance this month to help financial providers understand their compliance responsibilities when outsourcing functions or investment activities to cloud-based providers. Published on 3 June in in draft form and currently open to consultation, the proposals are designed to help firms mitigate the risks that they are exposed to when outsourcing to…
FCA to Increase Surveillance Scrutiny Over Market Abuse Concerns
In its latest Market Watch of May 2020, the UK’s Financial Conduct Authority (FCA) shines a spotlight on the challenges of monitoring against market abuse during the coronavirus pandemic – warning that it will continue to take enforcement action, and urging financial services firms to review and where necessary upgrade their systems and processes to…
And the Winner Is….
The results are in, and A-Team Group is delighted to announce the winners of our annual RegTech Insight Awards, celebrating the very best and most innovative solutions and providers within the fast-growing RegTech space. Now in their fourth year, the prestigious annual awards recognise both established solution providers and innovative newcomers, seeking to herald and…
Trade Body Calls for Stronger FinTech Regulatory Framework
While the UK has set the global standard for an effective and supportive approach to FinTech regulation, as the sector matures, change is needed to help launch more firms successfully into the global market, according to a new report from financial services trade association TheCityUK. Regulatory hurdles remain a barrier and difficult to understand within…
COVID-19: Regulator Round-up (5 May)
In these days of unprecedented economic pressure and accompanying financial volatility, regulators around the world are realigning their priorities and rapidly shifting their strategies to support institutions through the ongoing crisis. In this regular weekly feature, we keep you up to date on the latest regulatory news, responses and approaches – from deadline delays to…
LIBOR Transition and COVID-19: Could a Delay be on the Cards?
By Navin Rauniar, Partner in charge of LIBOR Transition, TCS. Back in March, RegTech Insight explored the relation of FRTB and the LIBOR Transition. There is a strong relationship between both initiatives, and we now find COVID-19 adding further complexity to this relation, especially between the recent delays to the regulatory landscape and the impact…
COVID-19: Regulator Round-up (28 April)
In these days of unprecedented economic pressure and accompanying financial volatility, regulators around the world are realigning their priorities and rapidly shifting their strategies to support institutions through the ongoing crisis. In this regular weekly feature, we keep you up to date on the latest regulatory news, responses and approaches – from deadline delays to…
Industry Associations Warn that COVID-19 Could Cause Problems for SRD II
The International Securities Lending Association (ISLA) has joined forces with a multitude of other industry associations to urge a 12-month delay in the implementation of the regulation, laid out in an open letter to the European Commission. Currently scheduled to come into force on 3 September 2020, the regulation is an amendment to SRD I…
FCA Business Priorities Could Be Derailed By COVID-19
The UK’s Financial Conduct Authority has laid out its business priorities for the year ahead, but warns that it will focus on the challenges presented by the coronavirus epidemic, which could lead to a shift in priorities as the year progresses. The FCA identifies four primary objectives for the coming year: including enabling effective consumer…
COVID-19: Regulator Round-up (20 April)
In these days of unprecedented economic pressure and accompanying financial volatility, regulators around the world are realigning their priorities and rapidly shifting their strategies to support institutions through the ongoing crisis. In this regular weekly feature, we keep you up to date on the latest regulatory news, responses and approaches – from deadline delays to…