Go to top
Trade Surveillance: How quality assurance is shifting the landscape
Archive
03 Aug
2018

Trade Surveillance: How quality assurance is shifting the landscape

Both MAR and MiFID II ushered in many new requirements that have forced firms to completely re-assess their approach to trade surveillance. One significant consequence is that firms are having to spend more time and resources on quality assurance controls that ensure trade surveillance systems are both appropriate and effective. MAR, for example, includes a..

02 Aug
2018

Brexit: HMT publishes details on the Temporary Permissions Regime

HM Treasury has published a draft regulation outlining UK regulators’ plans to smooth the transition for inbound passporting firms in the event of a ‘no deal’ Brexit. The draft regulation outlines a temporary permissions regime that will enable EEA financial services firms operating in the UK via a passport to continue their UK operations for..

01 Aug
2018

Latest RegBeacon published

We are now 10 years on from the crisis which began the seemingly never-ending stack of regulation that we continue to plough through. As with any infrastructure project the post-crisis regulatory framework requires renewal and repair. Regulators are revisiting reporting regimes and data standards, and are looking at the emergence of new technology, whilst at..

26 Jun
2018

JWG engages in partnership with BMO to help drive regulatory change management

JWG are pleased to announce a partnership with BMO Capital Markets (BMO) where it will provide BMO access to its AI-powered, natural-language processing change management system — RegDelta. Ten years after the financial crisis, the financial services industry continues to face a changing and complex landscape, and this is particularly true for capital markets. RegDelta™..

19 Jun
2018

Brexit and financial services: Can ‘equivalence’ be achieved?

It is no secret that the City of London is a significant pillar of the UK economy. With financial services accounting for around 12% of the UK’s economic output, it generates more tax revenues than any other industry. It comes as no surprise then that the post-Brexit UK-EU relationship relating to financial services is a key..

25 May
2018

GDPR is now live: can technology strengthen your compliance?

With the General Data Protection Regulation (GDPR) coming into force, it is time to reflect on such a huge overhaul of the data protection laws affecting every organization operating within the UK and the EU, from schools to large multinationals. To put things into perspective, in the UK alone, GDPR impacts over 500,000 data controllers..

27 Apr
2018

Latest RegBeacon published

2018 has started at quite a pace, with running our biggest conference yet, pressing forward with our SIGs and RegTech Council collaboration as well as onboarding new RegDelta clients. Our Q1 message to the industry is that the RegTech agenda is starting to make real progress, however the ‘end’ is still far from sight. In..

24 Apr
2018

Breaking down the banks: why firms are putting themselves at risk unless they overhaul their operational structures

In our previous article Trade Surveillance: restructuring the business landscape[1] we identified how holistic regulatory requirements are forcing banks to re-consider the makeup of their operational structures. Our follow-up research has revealed the severity of the situation and how the industry is reacting too slowly. Trade surveillance, if not executed correctly, can result in financial..

20 Apr
2018

GDPR compliance and Practical Law’s new data processor clauses

The GDPR broadens and deepens the rules between data controllers and data processors for processing of personal data and for the first time, directly enforceable obligations are imposed on processors as well as controllers. The GDPR also requires that controllers and processors enter into written contracts (“C2P Clauses”). Practical Law recently published its data processing..

13 Apr
2018

What has AI ever done for us?

This piece looks at the developing role of Artificial Intelligence in Legal Services. At the moment, legal AI is at the “frothy” part of the hype cycle. It’s a bit like the scene What did the Romans ever do for us? in the film the Life of Brian, but in reverse. The scene’s premise is..