A-Team Insight Knowledge Hub RTI The latest content from across the platform
LexisNexis Closes Emailage Acquisition
LexisNexis Risk Solutions has acquired Arizona-based Emailage, a fraud prevention and risk management solutions provider that provides fraud risk scoring solutions based on email intelligence. Its fraud prevention solutions assess fraud risks by utilizing email address metadata, a differentiated global contributory network, and machine learning algorithms. Emailage, which has established market presence in the US,…
FCA on Coronavirus: Take No Prisoners?
Regulators around the world have taken a largely supportive approach to COVID-19, albeit with varying approaches. While some are in total lockdown, others are taking a more measured approach – but according to the word on the street, firms have been surprised by the ‘take-no-prisoners’ stance adopted by the UK’s Financial Conduct Authority (FCA). With…
CFTC Issues COVID-19 Relief
The US Commodity Futures Trading Commission (CFTC) has relaxed rules around voice and telephone recording for swap execution facilities up until the end of June, along with relief to designated contract markets regarding audit trail and related requirements over the same period. The spread of coronavirus has caused compliance with certain CFTC requirements to be…
REGIS-TR Joins with GLMX on SFTR Delegated Reporting services
The European trade repository REGIS-TR will collaborate with GLMX, provider of pre- and post-trade technology solutions for repurchase agreements and secured lending, to provide an interoperable, full-service reporting solution for SFTR requirements. Together, they will offer a hosted solution that leverages existing industry data workflows to lower cost and operational burden of SFTR. GLMX has…
Industry Calls for SFTR, EMIR Refit Delay
Following a letter from trade bodies including the International Securities Lending Association (ISLA) and the International Capital Market Association (ICMA) this week, EU regulator ESMA is expected to issue clarification on whether it might consider a six-month delay to the upcoming Securities Financing Transactions Regulation (SFTR) currently due to go live in April. The joint…
UK Regulators Welcome Financial Services Regulatory Initiatives Forum
The Bank of England, Prudential Regulation Authority, FCA, Payment Systems Regulator and the Competition and Markets Authority have welcomed HM Treasury’s plans to establish the Financial Services Regulatory Initiatives Forum, announced alongside its response to the first phase of the Government’s review into the financial services future regulatory framework. The Forum will be a joint…
Wolters Kluwer Pushes Forward AI Agenda With New Proof of Concept
In the latest step forward in the field of AI-driven regulatory reporting, Wolters Kluwer has completed a successful Proof of Concept (PoC) showing that a machine can learn how to take over any end-to-end regulatory reporting process for financial institutions and regulators, across every jurisdiction, by using historical source data and its corresponding regulatory submissions….
Entity Data Management Handbook – Sixth Edition
High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are…
TRAction Rolls Out New Regulatory Reporting Solution
Regulatory reporting specialist TRAction has launched a new MiFID II reporting solution utilising Refinitiv data to help UK and European investment managers meet Best Execution requirements. With around a fifth of all investment firms in talks with the FCA about errors in their transaction reporting under MiFID II, according to an FOI request carried about…
Libor Transition: Have You Thought About FRTB Yet?
It comes as no surprise that the ongoing Libor transition is posing and will continue to pose massive data management challenges for banks and affected financial institutions – many of which we have already covered in detail in these pages. But one factor that might perhaps have been overlooked is the impact of the LIBOR…