RegTech Search

…any changes. Unless explicitly stated to the contrary any new features including new content, our provision of new services, or resources shall be subject to these Terms.     Security…

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…function of order size, is it appropriate to split trades into ranges so that they are comparable? How should they be defined (for example, as a percentage of the average…

…of research under MiFID II. Buy-side firms receiving investment research are required to: Make explicit payments for research, demonstrate that their research contributions allow investors to make better investment decisions…

…correct market price will be determined. Free trial periods Whether or not free trial periods for research services constitute a breach of the restriction on unpaid research has been a…

…to our daily updates and stay abreast of pressing financial regulatory issues and concepts. [1] http://www.oliverwyman.com/media-center/2018/feb/what-does-a-migration-away-from-libor-mean.html [2] http://www.oliverwyman.com/media-center/2018/feb/what-does-a-migration-away-from-libor-mean.html [3] http://www.oliverwyman.com/media-center/2018/feb/what-does-a-migration-away-from-libor-mean.html [4] https://www.economist.com/node/21563743 [5] https://www.bankofengland.co.uk/-/media/boe/files/news/2017/april/sonia-recommended-as-the-sterling-near-risk-free-interest-rate-benchmark.pdf?la=en&hash=4AF00716EA43928FEBA30FA3523CDA9437ABE0B0 [6] https://www.bankofengland.co.uk/news/2018/april/sonia-interest-rate-benchmark-reform [7] https://www.bankofengland.co.uk/news/2018/april/sonia-interest-rate-benchmark-reform [8] https://www.bankofengland.co.uk/news/2018/april/sonia-interest-rate-benchmark-reform…

…https://www.esma.europa.eu/press-news/esma-news/esas-provide-clarifications-key-areas-rts-under-sfdr [xiii] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32022L2464 [xiv]https://www.bgbl.de/xaver/bgbl/start.xav?startbk=Bundesanzeiger_BGBl&jumpTo=bgbl121s2959.pdf#__bgbl__%2F%2F*%5B%40attr_id%3D%27bgbl121s2959.pdf%27%5D__1680086820093 [xv] https://www.amf-france.org/en/news-publications/news-releases/amf-news-releases/sustainable-finance-disclosure-regulation-amf-proposes-targeted-review-include-minimum-environmental [xvi] https://www.gov.uk/government/publications/uk-joint-regulator-and-government-tcfd-taskforce-interim-report-and-roadmap [xvii] https://www.gov.uk/government/publications/climate-related-financial-disclosures-for-companies-and-limited-liability-partnerships-llps [xviii] https://www.sec.gov/sec-response-climate-and-esg-risks-and-opportunities [xix] https://www.congress.gov/bill/118th-congress/house-joint-resolution/30 [xx] https://asean.org/book/asean-taxonomy-for-sustainable-finance/ [xxi] https://www.climatebonds.net/files/reports/cbi_china_sotm_2021_06c_final_0.pdf [xxii] https://www.adb.org/sites/default/files/publication/838756/green-bond-market-survey-malaysia.pdf [i] Emissions Scope 1-3 [ii] https://finance.ec.europa.eu/capital-markets-union-and-financial-markets/company-reporting-and-auditing/company-reporting/corporate-sustainability-reporting_en [iii] https://www.fca.org.uk/publication/correspondence/dear-ceo-letter-esg-benchmarks-review.pdf [iv] https://finance.ec.europa.eu/capital-markets-union-and-financial-markets/company-reporting-and-auditing/company-reporting/corporate-sustainability-reporting_en…

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…the following link: https://vimeo.com/250619433 [2] https://www.fca.org.uk/news/speeches/fca-regional-fintech-engagement. [3] http://www.mas.gov.sg/News-and-Publications/Media-Releases/2017/MAS-and-MIT-Media-Lab-to-collaborate-on-research.aspx [4] http://asic.gov.au/about-asic/media-centre/find-a-media-release/2017-releases/17-276mr-asic-announces-regtech-showcase-event/ [5] http://www.cftc.gov/PressRoom/SpeechesTestimony/opagorfine-1 [6] https://www.complinet.com/editor/article/preview.html?ref=196837 [7] https://www.blueprintsys.com/blog/canadian-regtech-community-become-world-leader/ [8] https://www.blueprintsys.com/blog/canadian-regtech-community-become-world-leader/ [9] https://www.blueprintsys.com/blog/canadian-regtech-community-become-world-leader/ [10] https://www.adgm.com/mediacentre/press-releases/abu-dhabi-global-market-announces-1st-fintech-innovation-centre-and-accelerator-partnership-with-world-s-largest-startup-accelerator-at-the-inaugural-fintech-abu-dhabi-summit/ [11] https://www.esma.europa.eu/sites/default/files/library/esma42-114-540_2018_supervisory_convergence_work_programme.pdf [12] https://www.esma.europa.eu/sites/default/files/library/pka_speech_regtech.pdf [13] https://www.opengovasia.com/articles/7515-regtech-innovation-and-adoption-impact-drivers-barriers [14] http://www.fsb.org/what-we-do/policy-development/additional-policy-areas/monitoring-of-fintech/…

…for 6 months. Register here [[1]] https://www.bloomberg.com/news/articles/2022-06-26/crypto-winter-why-this-bitcoin-bear-market-is-different-from-the-past [[2]] https://www.sec.gov/news/press-release/2018-268 [[3]] https://www.bbc.com/news/technology-59964648 [[4]] https://www.bankofengland.co.uk/speech/2022/july/jon-cunliffe-speech-on-crypto-market-developments-at-the-british-high-commission-singapore [[5]] https://home.treasury.gov/system/files/136/StableCoinReport_Nov1_508.pdf [[6]] https://www.bloomberg.com/news/articles/2022-05-14/terra-s-45-billion-face-plant-creates-a-crowd-of-crypto-losers [7]] https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220425~6436006db0.en.html [8]] https://www.bankofengland.co.uk/speech/2021/october/jon-cunliffe-swifts-sibos-2021 [9]] https://home.treasury.gov/news/press-releases/jy0916 [[10]] https://www.fatf-gafi.org/media/fatf/documents/recommendations/RBA-VA-VASPs.pdf [[11]] https://www.fatf-gafi.org/media/fatf/documents/recommendations/Targeted-Update-Implementation-FATF%20Standards-Virtual%20Assets-VASPs.pdf [[12]] https://www.weforum.org/agenda/2022/07/sanctions-future-of-decentralized-finance/ [13]]…

…the commission into the distinct components of execution and research and are generally controlled by a broker or bank. In other words, RPAs are designed to enhance controls around commission…

…appropriately placed in which physical or virtual data center. This could mean new roles, committees, risk matrices and red tape.   lans will need to be established to consider new…

…of research in the context of inducements – “MiFID research” Obligation Research in this context should be understood as research material or services concerning financial instruments or assets which suggest…

…for download. Key findings of the report include: Firms are generally taking an analogue approach to disruptive, digital regulation The road ahead will be bumpy for those that do not…

…managers are now obliged to prove that they have controls in place to govern how they purchase investment research. A commonplace rule is to cap the research budget with each…

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RegTech-dependent obligations are being baked into policy which presents firms an opportunity to comply with these new rules in better, faster and cheaper ways. Cloud, data and AI technology are…

…spokesman for Switzerland’s SIX declined to comment. Bloomberg, Refinitiv, and Ice Futures did not comment by press time. Now in some instances, Nasdaq, for example, firms will only be able…

…ground-breaking paper ‘Managing Digital Infrastructure Risk’ based on 18 months of research which registrants can download free of charge below and discuss at our 7th annual conference which is taking…

…IT Law, February 2017 [1] http://www.gartner.com/newsroom/id/3443517 [2] https://www.pwc.com/us/en/forensic-services/publications/assets/2016-pwc-patent-litigation-study.pdf [3] Alice Corp. v. CLS Bank, No. 13-298 (June 19, 2014) [4] https://www.law360.com/articles/753070/ebay-travel-sites-hit-with-patent-suits-over-menu-bartech ; https://www.law360.com/articles/821200/amazon-defends-cloud-tech-customers-against-ipholder [5] http://www.gemsa.com.au/gemsa-wins-court-ruling-alibaba-ebay-airbnb-parties/ [6] https://www.law360.com/articles/821200/amazon-defends-cloud-tech-customers-against-ipholder [7] Paragraph 21…

…and compliance. Ultimately, these functions will need to agree new requirements which could have a material impact on the supply chain: New contacts More planning Detailed exit strategies New certification…

…– https://ico.org.uk/about-the-ico/news-and-events/news-and-blogs/2017/01/gdpr-and-accountability/ [5] Royal Free – Google DeepMind trial failed to comply with data protection law – https://ico.org.uk/about-theico/news-and-events/news-and-blogs/2017/07/royal-free-google-deepmind-trial-failed-to-comply-with-dataprotection-law/ [6] https://www.gov.uk/government/publications/growing-the-artificial-intelligence-industry-in-the-uk [7] https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/deloitte-releases-annual-techtrends-report-on-strategy-technology-and-operations.html [8] At page 2 [9] At page 75…

…the examples in this chapter constitute an inappropriate use of TTCA? If not, why not? Are there any other examples of inappropriate use of or features of inappropriate use of…

…intelligence company, has announced the publication of a ground-breaking research paper ‘Managing Digital Infrastructure Risk: a collaborative path to financial services safety’. New regulation will fundamentally change the landscape for…

…please contact info@jwg-it.eu. You can also keep up to date with MiFID II related news on our LinkedIn Group or follow us on Twitter and subscribe to our newsletter alerts….

JWG, the trusted financial services regulatory intelligence company, has announced the publication of a ground-breaking research paper ‘Managing Digital Infrastructure Risk: a collaborative path to financial services safety’. New regulation…

…examine the requirements for a new method for public/private sector collaboration to explore how technology can provide better methods of compliance and oversight. The Council focuses on international RegTech adoption…

…to it, you may delete your profile. Contact us For further information about our privacy policy or any concerns or complaints, please contact our data privacy team at dpo@jwg-it.eu. For EU/EEA/Switzerland…

…the national competent authority of the jurisdiction in which the administrator is located will be considered the competent authority (Article 23 IBR). This is a significant change in comparison to…

…where there is a need to be specific. [2] https://www.eba.europa.eu/documents/10180/724762/EBA-CP-2014-08+CP+on+draft+RTS+on+AMA+assesment.pdf [3] One revised Standardised Approach (SA) is proposed to replace BIA and TSA http://www.bis.org/publ/bcbs291.pdf [4] http://www.lse.ac.uk/collections/law/projects/lfm/0356o%20LSE%20HSF%20discussion%20paper_d6.pdf [5] http://www.eba.europa.eu/documents/10180/556730/JC+2014+063+%28Report+on+Risks+and+Vulnerabilities+in+the+EU+Financial+System+Autumn+2014%29_for+publication.pdf/ee1ff8ba-6da3-4fd9-8dbd-138272961774 [6] http://www.fca.org.uk/static/documents/thematic-reviews/tr14-13.pdf…

Facilitation materials for 30 Nov FX sprting…

…market access between the UK and the EU is in the interests of both sides of the negotiating table.   [1] https://www.bloomberg.com/news/articles/2018-02-23/u-k-s-new-brexit-gotta-have-is-mutual-recognition-quicktake [2] https://www.bloomberg.com/news/articles/2018-02-23/u-k-s-new-brexit-gotta-have-is-mutual-recognition-quicktake [3] https://www.bloomberg.com/news/articles/2018-03-20/eu-offers-u-k-improved-equivalence-for-financial-services [4] https://www.bloomberg.com/news/articles/2018-02-23/u-k-s-new-brexit-gotta-have-is-mutual-recognition-quicktake [5] https://www.lexology.com/library/detail.aspx?g=5ced01ea-2b30-4d24-aa5e-32a7f9210474&utm_source=lexology+daily+newsfeed&utm_medium=html+email+-+body+-+general+section&utm_campaign=lexology+subscriber+daily+feed&utm_content=lexology+daily+newsfeed+2018-06-14&utm_term=…

New JWG research JWG, the trusted financial services regulatory intelligence company, has announced the publication of a ground-breaking research paper ‘Embedded Compliance Unlocked: Leverage AI-enabled compliance tooling now to be…

New JWG research JWG, the trusted financial services regulatory intelligence company, has announced the publication of a ground-breaking research paper ‘Embedded Compliance Unlocked: Leverage AI-enabled compliance tooling now to be…

As the deadlines for compliance with new, complex derivatives rules approach, many firms are at risk of facing hefty fines from regulators if they are found wanting. JWG is calling…

…committee to prepare materials for the next session. Please let pj@jwg-it.eu know if you would like to get involved in shaping the agenda or contributing materials. You can learn more…

…on-demand from the 16th to the 17th of November 2021. Register Here [1] https://www.ukfinance.org.uk/system/files/CBDC-report-FINAL.pdf [2] https://www.bankofengland.co.uk/-/media/boe/files/paper/2020/central-bank-digital-currency-opportunities-challenges-and-design.pdf [3] https://www.ecb.europa.eu/press/pr/date/2021/html/ecb.pr210714~d99198ea23.en.html [4] https://www.europarl.europa.eu/cmsdata/238086/Introductory%20statement_Luigi%20Zingales.pdf [5] https://www.theguardian.com/technology/2020/nov/06/us-seizes-1bn-in-bitcoin-linked-to-silk-road-site [6] https://ec.europa.eu/commission/presscorner/detail/en/IP_21_3690 [7] https://www.bis.org/review/r210727b.pdf [8] https://www.bis.org/publ/work905.pdf [9] https://www.federalreserve.gov/newsevents/speech/quarles20210628a.htm…

…legal risk identifies ‘over-ambitious legislation’ as one of the key examples of legal risk, and the Commission’s definition of benchmarks certainly seems to fit that description (emphases added): (1) ‘index’…

…IT guide to Operational Resilience is available free of charge to JWG registrants. If you do not have a JWG account register here. Download Now Download Now Want to learn…

…for client orders to be obtained. This execution policy must be disclosed to clients and, in addition, firms are required to obtain clients’ prior consent. Although this requirement was present…

…to adhere to taping requirements and decided that they should due to their involvement in commodities. As commodity and exotic derivative instruments have a similar business model and complexity to…

…a firm can do to reduce reporting costs immediately frees revenue for expenditure on growth projects. There is a huge business case to working collaboratively with peers on opensource data…

…key changes we are anticipating by 2017.   6. Increasing competition In line with the policy focus on competition, the European Commission (EC) proposed rules on open access to trading,…

…mean to your investment firms’ global surveillance infrastructure. We believe the 2024 RegTech surveillance agenda holds great promise as infrastructures become safer with coverage of new communication channels and opensource…

…of this, they have reduced the commission they are willing to pay brokers. If asset managers are required to pay for research from the company’s profit and loss account, they…

The Legal Entity Identifier (LEI) has come some way since its formal establishment in November 2011. 10 March marked a new date for going forward, when a report by the…

…define a new paradigm for risk information collection. The next meeting will focus on a new paradigm for collecting risk information from a digital system and get the group’s views…

…with a companion IT guide to Operational Resilience is available free of charge to JWG registrants. If you do not have a JWG account register here. Download Now Download Now…

…firm’s customers are under no legal obligation to self-certify their categorical status to anyone but their competent authority and ESMA and, due to the cost and complexity of assessing whether…

…Networking: Come equipped with your top pain point to troubleshoot or breakthrough strategy to share industry peers Meet a Mentor: Are you new to Compliance? Meet a seasoned industry leader…

…of MAR respectively. These 9 proposed guidelines are open for comment until 31 March 2016. ESMA aims to finalise both sets of guidelines and publish a final report by early…

…markets. [1] https://www.relocatemagazine.com/articles/brexit-what-lies-ahead-for-the-uks-financial-services-mcurphey-spr18 [2] KPMG, ‘Provision of services by financial intermediaries from third countries in EU financial markets regulation’, 2011. [3] http://www.cer.eu/sites/default/files/publications/attachments/pdf/2014/pb_city_brexit_js_pw_8may14-8816.pdf [4] https://financialregnews.com/survey-examines-impact-regulatory-divergence/ [5] http://www.cer.eu/sites/default/files/publications/attachments/pdf/2014/pb_city_brexit_js_pw_8may14-8816.pdf [6] http://bruegel.org/wp-content/uploads/2017/02/PC-04-2017-finance-090217-final.pdf [7] http://www.cer.eu/sites/default/files/publications/attachments/pdf/2014/pb_city_brexit_js_pw_8may14-8816.pdf…

…and NICE Actimize collaborated on the benchmark research study presented in a new Benchmark Research Report. The research explores an evolution of trade-related surveillance – starting at ‘Random’ and evolving…

…“connected persons” under the DTR. Due to the change from “connected persons” to “closely associated persons”, companies should review their position before the new rules come into force on 3…

…the model of governance that may be adopted should there be a majority vote to leave. The bilateral arrangement that Switzerland has adopted with the EU, for example, excludes free…

…under 3 days. For more information please see our website: www.regdelta.com and introductory video: https://regdelta.jwg-it.eu/   Media contacts: Corrina Stokes Corrina.stokes@jwg-it.eu +44 7973 492906 Luigi Barbetta Luigi.barbetta@pwc.com +39 331 6708397…

…Exhibit from the paper below. Exhibit 3: Target operating model for Embedded Compliance Source: Unlocking Embedded Compliance, JWG 2023 – download here In an ideal world, the business process owner…

…results from a RegTechFS survey show that only 17% of firms agree that there is clear ownership of LEI registration within their organisations. This is surprising, as recent academic research…

…committee to prepare materials for the next session. Please let pj@jwg-it.eu know if you would like to get involved in shaping the agenda or contributing materials. You can learn more…

…committee to prepare materials for the next session. Please let pj@jwg-it.eu know if you would like to get involved in shaping the agenda or contributing materials. You can learn more…

Digital regulatory reporting – tipping point 2021 By PJ Di Giammarino, CEO JWG Group New JWG research has found supervisors to be focused on creating new standards for interpreting complex…

…National Competent Authority (NCA) all commodity derivative positions held by its members and participants. As such, all investment firms trading commodity derivatives within a trading venue will need to report…

…of this paper is to demonstrate how regulations can be processed using open-standards-based semantic technologies and regulatory compliance made more efficient and effective. Specifically, it sets out to define the…

…new mandate now sits alongside the competition objective inherited by the FCA when it took over its powers from the FSA, as well as the Competition and Markets Authority –…

…is available free to JWG members. To download the report visit: here For more information or to purchase this report please contact: Elliot Burgess, JWG research analyst: email: admin@jwg-it.eu, phone:…

…relation to trading with an example scenario. Both clarifications are accompanied with a sample of how some of the reporting fields should be completed. Whilst MiFID II defines ‘matched principal…

…itself. For example, a prohibition to deal with sanction works the same way as an asset freeze and yet, it cannot be called the latter, making keyword searches complex and…

…in regulators’ sights, some for the first time. In the past, the reaction to such changes has frequently been to delegate new compliance responsibilities to sell-side counterparties or third parties….

…can help both firms and regulators with new policy initiatives. For example the European Commission fitness check, CFTC and the UK Bank of England’s Future of finance reports have revealed,…

…regtech companies using web-scraped personal data in commercial software. The decision by the the Office of the Australian Information Commissioner’s (OAIC) says emphatically that images or personal information posted online…

…This shift to new cloud models presents many new operational complexities and regulators are just beginning to address specific concerns in their recent regulatory guidance. Moving forwards, JWG will continue…

…with Vizor, have been working with the industry to research the new digital standards and what it takes to implement them. Join us on 30 March for our virtual roundtable…

…compliance Technology and Compliance tend to come at AI from very different perspectives. The latter requires 100% precision and abhors the ‘magic pixie dust’ of AI. Compliance needs technology to…

…Winding Regulatory Road of Communication Compliance’ with a group of Financial Services Compliance and IT experts at the NICE Interactions 2023 conference in London. During the discussion, they talked about…

…considered distributors”. However, their obligations within the framework are very different and rather complex. For example, manufacturers are required to manage conflicts of interest every time a new financial instrument…

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…the issues ahead, introduction of this new instrument also carries new risks. One example cited on this RegCast is the fact that new social and monetary ‘policy dials’ are being…

…complained, for example, about post-trade transparency data not being freely available after 15 minutes as required and that pricing was not in line with MiFID’s reasonable commercial basis principles. “We…

…Come have your say about the challenges ahead and the best way to solve them while we frame the DRTF targets and workplan. You can learn more about the DRTF…

…came into effect on 1 June 2015 ushered in a new era of increased investor scrutiny. The new framework is intended to make Japanese companies registered on the stock market…

The outline of Europe’s new payments landscape is in sight. New reforms to enhance competition, innovation, and security in the financial services sector are underway. The Payment Services Directive, financial…

…license within the transition period of six months or nine months. 6. For investment services companies, investment companies and self-managed investment companies, do the organisational requirements apply pursuant to §…

…surprise to the industry, but many had hoped for the publication of more detailed standards. ESMA has now come back to the Commission, saying that though it accepts their decision…

…manipulation. First up to tackle the issue was the US position limits regime. Revamped by the Commodities Futures and Trading Commission in 2013, the new rules set a baseline limit…

…here, then it seems that that objective has been compromised. This is generally good news for banks, who are faced with having to report under a whole host of new…

…firms who could to work together and use their complementary advantages to identify specific solutions. For example, regulatory reporting could be considered one RegTech domain. Trade and transaction reporting rules…

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…which has been funded by Supplemental Directed Funds (SDF) from BMO and RBC. In this session, PJ Di Giammarino will facilitate a discussion of the opensource regulatory reporting Technology Committee….