Regulation

Articles

10 Nov 2020 — Deputy Editor

The Monetary Authority of Singapore (MAS) has once again promoted the adoption of FinTech by financial institutions, most recently announcing the launch of a S$35 million (US$ 26 m) grant to help smaller financial institutions adopt digital solutions for more streamlined reporting to MAS.

The adoption of digital solutions will facilitate more efficient processes for the preparation and submission of data, in line with regulatory requirements.

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2 MINS
20 Oct 2020 — Deputy Editor

Silent Eight, the technology company using AI to combat money laundering and terrorism financing, has completed a new round of funding, bringing the company's total capital raised to $15m.

The investment round was led by OTB Ventures, and supported by Koh Boon Hwee, Chairman and General Partner of Altara Ventures, and SC Ventures. All are existing investors of the company.

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2 MINS
13 Oct 2020 — Deputy Editor

Julia Hoggett, Director of Market Oversight at the FCA spoke at the City Financial Global event yesterday, which included some very interesting views on surveillance and the new way of working.

 

Surveillance Highlights -

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3 MINS
23 Sep 2020 — Deputy Editor

MarketAxess has entered into an agreement to acquire the Regulatory Reporting Hub, the regulatory reporting business of Deutsche Börse.

The Regulatory Reporting Hub is a pan-European reporting and compliance platform with services including trade and transaction reporting, best execution reporting and SI services, as well as APA and ARM services.

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23 Sep 2020 — Kirston Winters

After the recent uptick in EuroSTR (a.k.a. €STR) volumes in late July driven by the major CCPs switching from using EONIA to EuroSTR for discounting all Euro OTC interest rate products we looked at August data to see if this was just a blip or whether EuroSTR in fact held its increased share of the market throughout August. 

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21 Sep 2020 — Bill Hodgson

Andrew Hauser explains why companies need to act now to transition from using LIBOR to SONIA as an interest rate benchmark. Andrew speaks as the Executive Director for Markets at Bank of England at the 'Is Your Business Prepared for LIBOR?' webinar.

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1 MIN
08 Sep 2020 — Deputy Editor

SteelEye, the holistic compliance technology and data analytics firm, has appointed Rob Friend as Chief Operating Officer.

Rob's 24 years of international financial experience will be instrumental in scaling SteelEye's business operations as it prepares to support increasing global demand for holistic, data-centric compliance solutions.

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3 MINS
04 Sep 2020 — Deputy Editor

SteelEye, the compliance technology and data analytics firm, has been recognised as the Best RegTech Solution by HFM Global, announced at yesterday's European Technology Summit. This is the fifth industry award presented to SteelEye in 2020.

The HFM European Hedge Fund Technology Awards celebrate firms that have delivered innovative and exceptional technological products and services to the hedge fund industry over the past 12 months.

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2 MINS
28 Aug 2020 — Scott O'Malia

ISDA Chief Executive Officer Scott O'Malia has offered some informal comments on important OTC derivatives issues in derivatiViews, reflecting ISDA's long-held commitment to making the market safer and more efficient.

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25 Aug 2020 — Martin Pluves

The FICC Markets Standards Board (FMSB) has today published a Spotlight Review looking at current and future challenges that FICC market participants face in market surveillance.

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2 MINS
24 Aug 2020 — Deputy Editor

To date, many RegTechs have focussed on resolving individual problems, resulting in a fragmented market and an oversupply of vendors.

Recently, this has started to change, with a number of partnerships being formed between RegTechs, as they move towards providing a holistic RegTech solution. But partnerships aren't the only way to achieve holistic compliance.

We speak with Matt Smith, CEO of SteelEye, about the RegTech market and how a data-centric approach enables holistic compliance.

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4 MINS
20 Aug 2020 — Deputy Editor

SteelEye, the compliance technology and data analytics firm, has announced the release of its pioneering Auto-Trade Reconstruction technology, which reduces the time it takes for a firm to reconstruct a trade from days to seconds.

Under MiFID II, MAR, Dodd-Frank and other global regulations, authorised firms can be asked by the regulator to reproduce the records that relate to a trade or client order - typically regulators require this information within 72 hours.

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