RegTech Search

…enough progress? Armies of compliance staff are now required to run the firm and the standing armies are brought on in to help with the last three waves of major…

Presentation used to discuss DRR programme status 1.Global DRR programme status 2. Forward plans 3.Next steps  …

…(Supervisory Technology) deployment: Strategists will discuss the winners and losers from embedding high fidelity, low-cost data and digital compliance into new markets. Technologists and compliance experts will share future strategies…

…that means moving away from dealing with regulations as siloed compliance exercises, and moving towards a more unified approach – not only in managing regulatory compliance, but for data and…

Presentation used to discuss DRR programme status DRR scope and resource Targets, milestones and risks Programme enhancements Next steps…

…by speculative bets of this sort. Most of the rule is already in effect and firms are complying, however, for legacy covered funds the current deadline for compliance is 21…

Presentation used to discuss DRR programme status 1.Global DRR programme status 2. Forward plans 3.Next steps  …

Presentation used to discuss DRR programme status 1.Minutes from last meeting 2.Global DRR programme status overview 3.Updates, ISO, EMIR.R project, ToM 4.Next steps 5.AOB  …

Presentation recorded at DRR Digitizer Sprint 1.0 on 23 February….

Presentation recorded at DRR Digitizer Sprint 1.0 on 23 February….

Presentation recorded at DRR Digitizer Sprint 1.0 on 23 February….

Presentation used to discuss DRR programme status 1.Global DRR programme status 2. Forward plans 3.Next steps  …

…the RegTech category over 7 years ago. The Banking Tech Awards are owned and produced by FinTech Futures.. https://informaconnect.com/banking-tech-awards/awards-categories/ https://informaconnect.com/banking-tech-awards/winners-highly-commended/   JWG CEO PJ Di Giammarino was a judge https://informaconnect.com/banking-tech-awards/meet-the-judges/…

Presentation used to discuss DRR programme status 1.Minutes from last meeting 2.Global DRR programme status overview 3.UpdatesL ISO, EMIR.R project, ToM 4.Next steps 5.AOB  …

On 1 September, ESMA issued its advice to the Commission on declaring countries outside the EU to be equivalent under EMIR. The good news is that at long last we…

…discuss the progress and review the impact of the Basel III reforms. They concluded that the Basel Committee are on the right track to complete their year-end objectives and have…

…are also considering how to operationalise the recommendations of the Parliamentary Commission on Banking Standards (PCBS), which called for the creation of a new Senior Persons and Licensing Regime. The…

…the ‘product intervention’ powers. ESMA plans to provide specific measures for this area, including: Guidelines Q&As Common procedures ‘Application workshops’ Supervisory briefings Training on key aspects of the new regime…

…it is unclear whether a conduct risk framework should follow this approach or whether it needs to be managed completely differently. There are mixed messages coming from regulators. Tracey McDermott,…

…tax information sharing regime. Without common standards, U.K. beneficial ownership information is not compatible with the U.S which can lead to serious problems in sharing information or when it comes…

…doubt necessary, it is unhelpful. The key problem remains that systemic risk models can only function when they have access to data that is both adequately complete and also comparable….

…of instruments, including FX, is open for discussion in Brussels. The outcome of the debate could have big implications – not only for new rules like benchmarks and the financial…

…of the game. Completing the triangle is Australia and Singapore’s yet-to-be-formulated agreement to ensure that each respective country’s regulation does not hinder the progress of FinTech companies operating across their…

…it’s finally time for a merger between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).   Of course, the cryptoasset area is one in a…

…them slightly differently. From heraldry to measurement to trading to identifying bits of data, there are slightly different interpretations about how to align common practices. The shape of standards The…

…challenge will be to find a mechanism to insure that reported data is complete and accurate. In light of the continuing pursuit of compliance to new regulations, global retail banking…

…in compensation for mis-selling claims, with up to £5 billion of that going straight into the hands of claims management companies. The report draws attention to the fact that many…

…The raw data from the survey will be turned into a series of reports and features published in Banking Technology magazine and on bankingtech.com. Everyone who completes the survey will…

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…

…Opensource Reg Reporting (ORR) Tech Committee 1 April 24, 2024 2:00 pm to April 24, 2024 3:00 pm In Partnership with: ArchivedOnline FINOS Open RegTech Council: Regulatory Reporting SteerCo 1…

…Opensource Reg Reporting (ORR) Tech Committee 1 April 24, 2024 2:00 pm to April 24, 2024 3:00 pm In Partnership with: Archived Online FINOS Open RegTech Council: Regulatory Reporting SteerCo…

…legal, policy, operations, technology and compliance communities to cover: The state of global digital asset policy: BIS, BVI, Barclays, CMS Protecting investors: ADGM, GDCA, ING Protecting the markets & FMI:…

We are delighted to reveal more details for our annual conference. With so much happening in this space – make sure that you know what risks are coming and how…

…new transaction reporting regime. In this article, we present some of the key issues that they highlighted. The European Securities and Markets Authority (ESMA) have stated that there will be…

…a ‘material change’ in an algo. This term is crucial because, when an algo undergoes a material change, it essentially becomes an entirely new algo, and all new algos are…

The final text for the new regulation on the reporting and transparency of securities financing transactions has been finalised after the Parliament adopted the text of the regulation at its…

The UK’s data transformation plans and Europe’s integrated reporting strategy are shaking RegTech and SupTech foundations and FS Supervisors need a new, bold and long-term approach to aligning data and…

JWG analysis. With many of the regulations that have come into force since the 2008 financial crash, the rules may appear simple enough, but the devil is very much in…

…The results will have wide ranging impacts on the commercial nature of HFT. Question 4: how will strategies be monitored? National competent authorities will be empowered, under MiFID II, to…

Today, 28 August, Mark Carney, Governor of the Bank of England, announced that UK banks compliant with Basel III capital buffers would receive marginal relief from liquidity requirements under CRD…

…a rise of 100-600%. Meanwhile, the cost of holding capital against OTC trades via the CVA charge, which is much greater overall, is predicted to increase 100-150%. Combined, this would…

…or else build entirely new systems. The race is now on to complete the implementation of one of the most technically complex regulatory requirements of EMIR before Q1 next year….

…an optimal business model.’ However, designing a strategy to prepare a complex banking group to transition in an optimal way to legislation as complex as ring-fencing requires time. For this…

…because ‘ESMA realised that more guidance was needed given the complexity of the issue’ begs the question: Can regulators say for certain that more unknown unknowns do not exist elsewhere,…

…from these carve-outs and that their day-to-day activities are not at risk of being classed as market abuse! Further new rules will be coming with MiFID/R, such as compulsory market…

Digital Regulatory Reporting Architecture Working Group meeting 4 to review progress vs. semantic plans and follow-up actions from oversight committee meeting 5 (DOC5) and Programme Oversight Committee 2 (PoC2). DRR…

…make compliance cost-effective. To resolve this, many firms will seek to find common standards. In most cases this will mean taking the greater requirements of MiFID and applying them to…

…still really sure what that means, but there are some details of this compromise. To address these concerns, additional new guidance on rule interpretation is due out sometime soon and…

…in collateral. If they go the other way, and misclassify AIFs as NFCs, then they will be non-compliant with EMIR. And to complicate matters further, CRD IV also requires firms…

…integrity, and protecting the market (and general public) from “fraud, manipulation, abusive practices, and systemic risk.” And it isn’t just Commissioner O’Malia that is complaining about regulators’ ability to aggregate…

…as they attempt to determine how to implement the vast number of new MiFID requirements. The below video is a presentation given by David Nowell, Head of Industry Relations and…

…applied to reduce these exposures. The exposures are combined with the clearing member default information to get a combined credit risk loss distribution for the CCP. This allows us to…

…it, the EU Commission has the power to ask the Court of Justice to compel the FCA to apply the Directive in a manner consistent with other Member States, whose…

…of the EU financial sector attempting to comply is likely to take some time. According to SWIFT, registering only the EU investment fund industry would double the current database of…

Before ESMA left for their summer holidays, they made it abundantly clear that EMIR will apply in one form or another outside of the EU. This threatens to disrupt trading…

…around: allowing ordinary Americans to make informed choices about the market, preventing taxpayer-funded bailouts, increasing regulatory impact analysis, making American companies more competitive, promoting American interests in international financial regulatory…

…II and the Commodity Exchange Act. We have sourced over 1000 documents in relation to trade and transaction reporting. In the past month alone, we have tracked and uploaded nearly…

…world beater (the dot.com “X”), and it’s only this year that more than half of the world’s population now have an internet connection. Looking back at the dot.com bubble in…

Over the past few years, global regulators have introduced new measures aimed at improving transparency. Most of their focus has been on getting a consistent, global view for the supervisors…

…a number of recent (Sucden Financial v Fluxo-Cane [2010] 2 C.L.C. 216; ED&F Man Commodity Advisers v Fluxo-Cane [2010] EWHC 212 (Comm); and Marex Financial v Fluxo-Cane [2010] EWHC 2690…

…should be broader, by including countries that facilitate tax crime, for example. The list from the Commission contained the names of 11 countries, including Afghanistan, Syria and Iraq. Entry onto…

…upcoming General Data Protection Regulation (GDPR) and, once again, examine the interdependencies and complexities that can help firms meet their requirements. If you want to sign up, email cmdg@jwg-it.eu.  …

…resilience that allows the board to sleep at night. Register Here The complex new operational resilience imperatives Post pandemic, no concept in financial service regulation is likely as pervasive as…

…other regulatory initiatives, with everything from Dodd- Frank’s post-trade regulation, through the FSB’s new shadow banking regulation proposals, to tracking computer trading. This means that the number of use cases…

…could well be a moment which redefines your future career. This is not just a bunch or grey hair talking, there are real, live examples of this transformation in action…

…when assessing the risk of money laundering (ML) and terrorist financing (TF). The European Supervisory Authority (ESA) invited comments on all proposals put forward in the paper. Comments and questions…

In part 1 of this article, we examined three of the six key areas of overlap between the regulations on PRIIPs and MiFID II/R. In particular, we provided detail on,…

…JWG MiFID implementation timeline here. Far from a mere ‘top up’, the legislative package introduces far reaching changes that will force new market structures, transparency levels and trading practices. A…

…of granular enough data at the EU level, which means that a thorough examination of effects of the recent regulatory changes, most notably EMIR, CRR and CRD, is not yet…

…take place on 9th & 10th November 2022. We are finalizing the agenda now so please let us know if you would like to participate by reply or contact Corrina.Stokes@jwg-it.eu….

…policy which enables true transparency and precents economic crime. New digital assets are gaining approval while the sector struggles to agree common taxonomies and standards for risk management Operational resilience,…

…regulatory change, compliance, legal, regulatory reporting, regulatory programme owners, etc. Executive decision-makers: CDOs, CIOs, CAOs, COOs, etc. Technology: CTOs, heads of eCommerce, heads of IT, etc. About the hot themes…

…a technical nature. The problem is we have very few resources ready and willing to come up with answers to the questions and, yes, the regulators really do want these…

…of new ways to interact with the leaders and help shape the global debate. We are finalizing the agenda now so please let us know if you would like to…

…of new ways to interact with the leaders and help shape the global debate. We are finalizing the agenda now so please let us know if you would like to…

…See below for the complete set of documents originating from the Bank for International Settlements (BIS) and its partners this month: 29 June 2014 – BIS 84th Annual Report (link)…

…makes compliance a verb, not function RegTech/ SupTech business cases are being undersold as big challenges with the engine, not how much better the ride will be a small investment…

…temporary memory and is not retained after the browser is closed. Session cookies do not collect information from the users computer. How do I control my cookies? Most browsers allow…

…community update 2014 trends: what to expect The new 2014 playing field RegDelta update What RegTechFS tells us about your priorities CDMG 2014: the year ahead As we launch the…

Our latest edition of the members-only newsletter, RegBeacon, is now available here. In this issue we’ve looked at the key issues to be aware of as we head into summer,…

…scrutiny. The US Congress has drafted the first comprehensive bill specifically addressing payment stablecoins. The US Treasury recently released a comprehensive assessment of the illicit finance risks associated with DeFi…