This year, financial institutions are facing an unprecedented challenge to keep up with the rapidly changing regulatory reporting requirements across Europe and the globe:
- CDE-compliant derivatives trade code is being deployed for: US, EU, JP, AU, UK, SG
- New Basel IV prudential reporting requirements are being implemented globally
- ESMA is revisiting SFTR, MiFID and EMIR standards and the consolidated tape
- The BIS, ISSB and IFRS are all updating ESG international reporting standards
- Europe is pushing ahead with MRER to modernise ALL reporting
Short-term reporting deadlines need to be hit while keeping on top of the broader public sector efforts like new FSB data gaps, UK Transformation of data collection use cases and digital asset transparency policy. Don’t miss this opportunity to frame the big picture for your reporting programmes and mitigate your regulatory risks.
JWG’s Public/Private sector task force has concluded that long term, current regulatory reporting systems will not scale to meet the needs of a digital, agile, data-driven economy. Public and private sectors broadly know the future shape of a digitized, traceable, machine executable version of regulatory texts. However, we are far from an agreed, trusted mechanism to incentivize movement from current infrastructure to this new model. This seminar brings leading SMEs from Prudential, statistical and trade/transaction reporting arenas together to discuss how market participants can take advantage of reporting RegTech in the short and medium term.