A new U.K. Market Implementation Group (UKMIG) is aiming to harmonise U.K. national rules and practices relating to corporate actions processing, including distributions, shareholder rights and company reorganisations. The group, jointly chaired by the British Bankers’ Association (BBA) and CrestCo, is aiming to implement measures to remove Barrier 3, as set by the 2003 report from the Giovannini Group. The U.K.’s Department of Trade and Industry, Financial Services Authority (FSA) and the Bank of England have each been invited to nominate a representative in an observer capacity.
A-Team Insight Blogs
Working Group Aims for U.K. Compliance with Corporate Actions Standards
Global data standards and identifiers are essential to business growth, market stability and cost reduction – but they can be challenging to implement, while a lack of consistency across jurisdictions has presented obstacles to global take-up. However, with regulators starting to sit up and take note, the issue of data standards is coming increasingly to...
There’s only a month to go until the RegTech Summit Virtual 2020 kicks off, and with a brand new livestreaming format this year to showcase five days of intensive, cutting edge discussions around the most compelling issues facing the RegTech Industry today, we’re expecting our biggest audience yet. And we want you to be a...
The Data Management Summit Virtual will bring together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Join us online to hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.
Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...