A-Team Insight Knowledge Hub RTI The latest content from across the platform
EU’s Landmark MiCA Framework Affirms Value of LEI in Crypto-Asset Regulation
By Stephan Wolf, CEO of the Global LEI Foundation. With the crypto-asset market experiencing sustained instability and volatility following the high-profile collapse of the cryptocurrency exchange FTX, regulatory activities have taken on new intensity and urgency. Emergent initiatives are being realised, and in May 2023, the EU finally adopted the long-awaited and much-debated Markets in…
SteelEye Reports Increasing Demand for Integrated Surveillance as Regulatory Crackdown Continues
Demand for integrated trade and communications surveillance among financial institutions has surged by 100% this year following heightened regulatory scrutiny across financial markets, according to recent research by SteelEye. The company’s 2023 Annual Compliance Health Check Report, which surveyed more than 300 senior financial services compliance and risk professionals, found integrated surveillance is now a…
ESMA Data Strategy Proposes More Tech, Less Cost in Reporting Compliance
The European Securities and Markets Authority (ESMA) has published its data strategy for 2023 to 2028. Key agenda points include using new data-related technologies, reducing reporting compliance costs for regulated entities, enabling effective use of data at both EU and national level, and making data more broadly available to the public. The five-year ESMA data…
MCO Acquires Fairwords E-Comms Surveillance Platform
Conduct risk and compliance technology provider MyComplianceOffice Inc. (MCO) has acquired Fairwords, developer of AI-powered electronic communications software that captures digital communications while proactively enforcing policy. Terms of the transaction weren’t disclosed. Fairwords’ communications compliance software provides proactive training, analytics, and archiving to mitigate communications risks and prevent compliance crises and lawsuits. Using the system,…
ACA Addresses Compliance Talent Shortage with New Performance Measurement Solution
GRC specialist ACA Group has launched a performance measurement and reporting solution for investment firms. The move is aimed at tapping into the growing industry requirement for investment firms to outsource more of their compliance and reporting needs in the face of an industry-wide shortage of compliance talent. ACA’s new Managed Performance Services offering enables…
An Industry Update on FRTB Implementation in APAC
Implementation of Fundamental Review of the Trading book (FRTB) regulation across APAC raises many challenges, not least fragmentation of the regulation across jurisdictions in the region, fulfilling complex requirements of the regulation, sourcing necessary data, and selecting the internal or standarised model approach for specific trading desks. While the challenges are significant, and FRTB has…
Recorded Webinar: How to optimise and streamline regulatory reporting using outsourced and managed services
Regulatory reporting remains a top agenda item at many financial institutions as they struggle to implement new regulations and updates, capture and manage required data, and achieve compliant reporting. These issues can pile pressure onto compliance teams and drain resources from other parts of the business, but there are solutions. This webinar will consider how…
Nasdaq Enters Definitive Agreement to Acquire Adenza, Plans Expansion of Regtech Reach
Nasdaq has entered a definitive agreement to acquire Adenza, a provider of risk management and regulatory solutions, from software investment firm Thoma Bravo. The $10.5 billion cash and shares deal will significantly increase Nasdaq’s offerings across regulatory technology, compliance, and risk management, and complement its marketplace technology and anti-financial crime solutions. It will also expand…
Compliance Consultant Partners with Clausematch to Enhance Firms’ Compliance Strategies
Compliance solutions provider Clausematch has forged a strategic partnership with Compliance Consultant, which provides compliance guidance primarily for financial institutions, with a focus on FCA compliance and authorisation. The alliance is aimed at helping clients strengthen current compliance strategies and best practices with advanced policy management and compliance automation solutions. The two companies plan to…
ICE Benchmark Administration Provides Update on LIBOR Cessation and Synthetic LIBOR
ICE Benchmark Administration (IBA), the authorised and regulated administrator of LIBOR, has provided an update on LIBOR settings yet to be ceased and synthetic LIBOR methodologies. The UK FCA issued its final messages on LIBOR at the end of May 2023, prior to the end of the US dollar LIBOR panel and reminding market participants…