206 Results from 2012, /regulation
Retired Member
I recently had the pleasure of being joined by a panel of clearing and settlement experts to discuss the impending move to a T+2 settlement cycle in Europe, as proposed in the European Commission’s regulation for central security depositories and for improving settlement efficiency (CSDR). After years of discussion around the shortening of set...
07 December 2012 /regulation
In this article, we want to illustrate the importance of augmenting automated decisioning and business intelligence systems with human intelligence. Here’s a simple logic puzzle for starters. Please look at the picture at the page bottom. There are four cards lying on a table in the way pictured below. Identify which card(s) you would flip in order...
07 December 2012 /regulation /retail Financial Risk Management
I’m not sure how practical it is for Lord McAlpine to sue 10,000 Twitter users, but it does serve as a very clear reminder that comments made over a public forum do have repercussions. Something many employees forget. Social has given people a forum to vent their opinions and feelings without thinking of the consequences. Instead of waiting till th...
06 December 2012 /security /regulation Social Banks
FATCA (the Foreign Account Tax Compliance Act) continues to hit the headlines as financial institutions worldwide are targeted by the new US regulation, clamping down on US citizens’ tax avoidance. But while the regulation is getting a lot of air time in the media, reports suggest that a large percentage of banks are still unprepared for the knock...
05 December 2012 /regulation
Institutional investors face pressing challenges in sourcing and managing collateral for OTC derivatives clearing, and must confront the reality that the issue is one they need to address sooner rather than later. But what steps can institutional investors take to address these collateral management challenges? One approach is to reduce OTC deriva...
Advait Rege Principal - Business Consulting at Infosys Limited
It is widely expected that technology spending in 2013-14 is going to be centered on Regulatory mandates. It is also expected that this will lead to the backtracking of several change programs that Banks / FIs proposed to undertake to increase STP, reduce inefficiencies in process, enable resiliency and stability of systems and improving scalabili...
04 December 2012 /regulation
By Tom Riesack and Ute Herzog In the ‘new normal’ of highly regulated financial markets, corporate treasurers are feeling the reverberations in their daily activities. Corporates are using swaps to hedge their commercial risks, stemming from currency, interest and commodity price exposure. To mitigate such risks treasurers have a whole arsenal of ...
Just when I was hoping to start thinking about the Christmas holidays (beginning with the first of the season’s parties this week) we’ve seen a bunch of announcements on the European consolidated tape, including those from FPL and The COBA Project. Everyone acknowledges that the lack of an agreed tape of record makes any concept of true best exec...
29 November 2012 /regulation
Is real time regulatory reporting a goal too farfetched? Aside of the theoretical premise that the earlier you know, the earlier you can prevent, is there a solid practical base to the argument. Would the function of the regulator be better served not by such focus on transaction level detail but by principles based governance? Below, I discuss th...
23 November 2012 /regulation
On the train this morning, I was browsing through London’s Metro newspaper to see who the latest 'victims' in The X Factor, Strictly, I’m a Celebrity etc, were (incidentally, it’s probably the people that actually watch these programs, but that’s another story). I was a bit shocked, therefore, to come across a double page spread examining dark poo...
22 November 2012 /regulation
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