Meanwhile, Telekurs Financial has appointed a new sales manager for its Ireland branch. John McManus will be responsible for all new and existing clients in the Irish marketplace. He joins from Dublin-based Zarion where he was a business consultant focused on compliance and anti-money laundering solutions within the financial sector.
The EU’s MiFID II and other regulations globally have placed greater emphasis than ever on market surveillance, recording of trading communications and records-retention processes in an attempt to stamp out market abuse and boost investor confidence and protections. At the same time, the public’s attitude toward data privacy has hardened, most visibly through new regulations...
A coordinated US enforcement action against UBS Financial Services has exposed how incomplete data feeds, faulty system configuration and weak customer-risk controls can undermine an automated anti-money laundering (AML) programme. FINRA found that UBS failed to monitor adequately more than 60,000 foreign-currency wires worth over $10 billion between January 2019 and June 2023. The deficiencies...
Now in its second year, the AI in Data Management Summit NYC explores what changes when AI becomes part of the data management operating model.
Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...