Regulation

Articles

06 Jul 2020 — Deputy Editor

SteelEye, the compliance technology and data analytics firm, and UnaVista, the regulatory reporting platform from London Stock Exchange Group, today announced a partnership to support financial firms with best-in-class reporting services as they migrate from CME's European Trade Repository (TR) and NEX Abide regulatory reporting services, which will close in November 2020.

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08 Jun 2020 — Deputy Editor

NICE Actimize has entered a definitive agreement to acquire Guardian Analytics, the provider of an AI cloud-based financial crime risk management solutions. Powered by the cloud, Guardian Analytics simplifies deployments and ongoing operations, optimising operational resource efficiency.

The acquisition is expected to close in Q4 2020.

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04 Jun 2020 — Bill Hodgson

Andrew Hauser, Executive Director for Markets at the Bank of England gave a speech giving deep insights into the behaviour of the global markets during the early part of this year. The full transcript with charts is available to download. 

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3 MINS
02 Jun 2020 — Deputy Editor

SteelEye, the provider of compliance technology and data analytics, recently hosted an online panel on Market Abuse Monitoring, during which they polled delegates from the buy- and sell-side.

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3 MINS
22 May 2020 — Chetan Joshi

A new regulatory timetable has emerged due to Coronavirus (COVID-19). The recent announcements of a delayed commencement to UMR (Uncleared Margin Rules) and SFTR (Securities Financing Transactions Regulation) allows for clients to utilise the extra time that they have been given. Tie in the timelines for CSDR (Central Securities Depositories Regulations) and Interbank Offered Rates (IBORs) transition and it is now the future that looks very busy and preparing properly is critical

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5 MINS
20 May 2020 — Deputy Editor

SteelEye, the compliance technology and data analytics firm, has been recognised as the Best Solution for Records Retention in the RegTech Insight Awards 2020. These awards highlight the work of leading RegTech firms in the form of solutions, services and consultancy, with winners selected via a two-step process in which a judging panel selects a shortlist before polls are opened for market participants to vote for their preferred suppliers.

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19 May 2020 — Deputy Editor

CME Group has confirmed that it will close its NEX Regulatory Reporting and Abide Financial division by 30th November this year.

In a statement, CME Group said that following its acquisition of NEX in November 2018, it had evaluated its business portfolio and decided to close down the operations of part of its regulatory services.

CME will retain its United States (CFTC) Swap Data Repository and its Canadian Trade Repository services.

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15 May 2020 — Deputy Editor

SteelEye, the compliance technology and data analytics firm, has been awarded Best Regulatory Reporting Solution in the HFM European Services Awards 2020.

These prestigious awards aim to recognise and reward hedge fund service providers who have demonstrated exceptional client service, innovation and strong and sustainable business growth over the past 12 months.

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05 May 2020 — Deputy Editor

As the market adapts to a new style of working, compliance technology and data analytics firm, SteelEye, is offering financial firms free use of its  Communications Surveillance service for up to 90 days.

As firms begin to reopen their offices, reduced density rules are likely to prevail for some time, meaning a workforce that is spread between the office and home. Monitoring communications by staff working in multiple locations will require changes in compliance processes, which may prove challenging if access to on-premise technology is needed.

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2 MINS
28 Apr 2020 — Leonard Ng

Originally published 20 March 2020, updated 20 April 2020

The EU Short Selling Regulation (Regulation (EU) no. 236/2012) (the SSR) has, since 1 November 2012, regulated short selling and sovereign credit default swaps (CDS) in the EU.
The SSR imposes (i) a net short position reporting requirement for shares and sovereign debt, (ii) a prohibition on uncovered short sales of shares and sovereign debt and (iii) a prohibition on uncovered sovereign CDS.

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5 MINS
17 Apr 2020 — Chris Watts

Since the BIS recommendation for an additional 1 year delay to UMR, where do national regulators stand?

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2 MINS
06 Apr 2020 — Bill Hodgson

ESMA launches a public consultation to crack the uncrackable problem of how pensions funds participate in clearing whilst CCPs only accept cash for variation margin

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