4423 Results from /regulation
Retired Member
BlockChain For AML/KYC How Blockchain Enhances Regulatory Reporting Financial institutions are racing to invest in technology that allows real-time reporting to adhere to regulatory rules set out by various agencies and The Federal Reserve Bank. This process includes compiling, tracking, and storing massive amounts of data to be parsed out and rep...
12 February 2018 /regulation Business Knowledge for IT
Carlo R.W. De Meijer The Meyer Financial Services Advisory (MIFS) at MIFSA
Long-time regulators world-wide took a wait-and-see attitude towards the non-regulated markets for Bitcoin and cryptocurrencies. But that is changing rapidly. With the growing popularity of the crypto market, the large number of unregulated cryptocurrencies (more than 1300, greater attention is now being paid by Governments and other stakeholders ...
12 February 2018 /regulation
Vaibhav Grover Head-Global BFS Offerings & Capability at Sutherland
What is 'responsible lending' all about? In Australia, Australian Securities and Investments Commission (ASIC) has issued regulatory guidelines that makes it mandatory for the lenders to assess and make sure that a credit facility extended to a customer is 'not unsuitable' for them and customer is able to 'service' the credit extended by the lende...
07 February 2018 /regulation /retail Banking Regulations
Over the past few months; most of us have been trying to make sense of the actual state of affairs that will occur due to Brexit. We have used our regulatory know how to dissect the legal parts, look at the state of affairs in the market and the various reports from official and un-official sources. The obvious conclusion to draw is that aside fro...
06 February 2018 /regulation
Data Governance Policies Need To Be Updated MiFID II is a new exhaustive financial regulation being implemented in Europe as of January 3rd. However, the sweeping legislation won’t only impact European banks. Even U.S. financial institutions are grappling with the changes as they race to implement the necessary changes globally. Also, current U.S. ...
05 February 2018 /regulation Financial Risk Management
New year, New Regulations, New Challenges With the year of MIFID II behind us, firms can now start looking ahead at what’s coming next over the horizon. Well, almost. The MIFIR compliance date may be past us, and the go-live may have gone relatively smoothly for a majority of firms, but there’s still a lot of work to do. This includes cleaning up...
01 February 2018 /regulation Financial Services Regulation
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
Just as a reminder, Complex Knowledge is any combination of regulatory, statutory, legal, tax, tariff, policy and procedure matter, which is primarily found within documents. USE CASE: HOUSEHOLDER PLANNING PERMISSION (CONTINUED) The Competencies for creating a Chatbot Knowledge Map The competencies for the creation of a Knowledge Map is based...
26 January 2018 /ai /regulation Innovation in Financial Services
Whilst we’re only a few days into the PSD2 era, which aims to accelerate digital disruption and reshape the financial services industry across Europe, incumbent European banks already have a clear choice to make. They can either settle for what’s to come and risk being outmanoeuvred by direct and new competitors, or actively look for opportunities...
26 January 2018 /regulation Trends in Financial Services
Risks of Misunderstanding Cyber Security The financial services sector has been through tremendous adversity since the Great Recession. Institutions have emerged from the financial crisis only to find tougher regulations and constant threats from cyber attacks. In fact, these recent cyber attacks and data breaches are changing the way banks operat...
19 January 2018 /security /regulation Business Knowledge for IT
Bob Lyddon Consultant at Lyddon Consulting Services
The collapse of Carillion poses an urgent question for participants in Supply Chains who have no payment security, and have made deliveries of goods and services with a credit period. That means almost every business. The question is whether the shareholders will really experience “moral hazard”: do they only make a recovery from the liquidation on...
19 January 2018 /payments /regulation Financial Supply Chain
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