Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

Retired Member 

Who Needs Regulators when you have Fair Market Champions?

Erik Hunsader, the founder of Nanex, has been a frequent watcher of the markets. His twitter feed often has screenshots of suspected spoofing and market manipulation. Reuters declares him as “an outspoken critic of high-frequency traders.” Yet if you follow him on twitter you will see that he isn’t really outspoken. Rather he seems to be more of ...

02 March 2016 /regulation

Retired Member 

Industry Help Needed: Data Scientists

In looking at compliance officers (from the buy side, sell side, exchanges, and regulators) I saw only one person with a background in data science, machine learning, decision science, statistics or other data analysis discipline. Granted, my search was wholly unscientific. My college professors in Decision Science at Indiana University wou

22 February 2016 /regulation

Retired Member 

Global Regulators Looking Past the CCO

1) Canadian Regulator: you “ought to have known” your traders where spoofing. 2) NY: Broker Dealer removes 2 from their supervisory role. 3) CFTC: Adds new Regulation Algorithmic Trading with new role of “AT Person” 4) FCA: Adds new new watch on senior managers 5) FINRA: Supervisor barred from supervising after case of market manipulation Globa...

19 February 2016 /regulation

Retired Member 

Exchanges Seek Greater Autonomy

Exchanges are seeking greater profitability, and greater autonomy. No one begrudges them a profit. In the latest news on Bloomberg (Exchanges Object to Brokers Gaining More Stock-Market Oversight) this is demonstrated in the exchanges stating that "Only exchanges should be voting members on committees that govern..." Safety of our Mark...

16 February 2016 /regulation

Abhishek Chatterjee Managing Partner at Gartner Inc.

Digital Value Chain - Avoiding Law of Diminishing Returns

Modern society is consuming digital services like never before and if this trend continues we will be digitally overwhelmed & fatigued society very soon. There is an insatiable desire to digitize every experience, product, service and business. In such society it is common to have at least 5-6 smart devices in a family - smart phone, smart wri...

21 June 2015 /startups

Darren Capehorn Director of Services at Icon Solutions

Pan-European instant payments: Less talk, more action!

Last December the European Retail Payments Board (ERPB) proposed a definition for a European wide immediate payment solution, which included the following summary text: “Instant payments are hence defined as electronic retail payment solutions available 24/7/365 and resulting in the immediate or close to immediate interbank clearing of the transact...

11 June 2015 /payments

Abhishek Chatterjee Managing Partner at Gartner Inc.

Single Digital EU Market - A Digitally energized Marketplace

Recent European commission's report stressed the need for single Digital market across EU states and how it will benefit consumers, SMEs and start-ups, creative sectors and industry at large. EU commission outlined the challenges & described a 3 year roadmap to move towards a single digital EU economy. And information & communication Techn...

21 May 2015 /regulation

Retired Member 

TRID is almost here- are the mortgage lenders ready?

- are your product vendors ready ? - if you are moving from one LOS to another, are u making changes in both LOS? -are you sure your product vendor will support all loan types? -how do you collaborate with settlement agents now? you need to issue accurate CD 3 clear days before closing? - where are you now?

18 May 2015 /regulation /retail

Marc Murphy CEO at Fenergo

Managing Regulatory Data is Key to Faster Compliance and Client Onboarding

It’s been a calamitous few years for investment banking. Between profit slumps, job cuts, unprecedented fines for non-compliance and the incessant onslaught of regulatory pressures, it’s been one controversial crises after another. So much so that financial institutions have been busily retrenching and reducing the size and importance of their inv...

21 April 2015 /regulation /wholesale

Abhishek Chatterjee Managing Partner at Gartner Inc.

Future of Transaction Banking - Standardize, Digitize, Innovate

Future of transaction banking is full of possibilities & it will be primarily driven by customer experience, higher B2B collaboration & exchange of information, real time transaction management & view of cash. Banks not only need to make sure they serve customer across SME, whole sale and corporates well, but also keep an eye to end cus...

14 March 2015 /payments