313 Results from 2014, /regulation
Retired Member
When a new financial regulation is issued, one of the first things that a Compliance team will look at is the requirement for reporting to regulators. Changes may be needed to internal applications and information systems in order to be able to produce the required reports. As more investment firms today look to outsource administrative functions,...
29 September 2014 /regulation
A country or region's economic performance is largely a reflection of how competitive it is with other nations on the world stage. And in Latin America, many countries that comprise it are steadily ascending the ladder of financial success, based on the results of a recent report. The World Economic Forum recently conducted an analysis of 144 econ...
26 September 2014 /regulation Electronic invoicing
It is all too easy to be overwhelmed by the extensive nature of BCBS239 – its impact will certainly be felt right across the enterprise, and there is still much to be done to meet the deadline of January 2016. As firms attempt to ‘tame the beast’ that is BCBS239, they must remain calm, stick to the plan, and take measured steps without losing sigh...
25 September 2014 /regulation
In last month’s Information Security Forum, CEO Steve Durbin called for changing employees’ behaviour with regards to security and data privacy as a way to reduce business risk. His argument resonates strongly with the financial services world where there’s ever-increasing pressure to apply tougher governance and more thorough risk mitigation. Th...
24 September 2014 /security /regulation
When a new financial regulation starts to appear in draft form, getting to grips quickly with its most critical elements is vital, in order to gather the spirit of its intentions as well as to be able to focus on the areas that will create most work for an investment firm’s Compliance team. Achieving this quickly can initially mean taking a “back...
22 September 2014 /regulation
Karthick Prasad VP - Financial Services Global Business Unit at Oracle
The Fed’s tapering of the Quantitative Easing (QE) program, followed by the tightening of the ‘easy-money’ policy by other central banks around the world, would indicate that the financial crisis has been contained, if not over. The fear that there could be a significant contagion in the market has subsided. While, on the one hand, there are signs...
22 September 2014 /regulation Future Finance
Luke Trigg Co-founder at Logical Construct
Natural language document processing of counterparty contracts sounds like another Big Data problem, but at its heart this is really about very ‘Small Data’. Banks are interested in a solution to assist with initiatives ranging from regulatory reform through to more competitive pricing, but most continue to grapple with this superficially simple c...
19 September 2014 /regulation
When I got into work this morning, I decided not to return a missed call, not to review a document, not to read a report, not to ask some colleagues for advice, not to fill in my timesheet for last month, not to think about further job training and, most importantly, not to join an internal weekly meeting which was covering a topic not relevant to...
One of the very few remaining proper democracies in the world will vote on bringing the Swiss Gold back to Switzerland on November 30. In order to have a national referendum on an issue in Switzerland, 100,000 supporting signatures are required. The ‘Swiss Gold Initiative’ already achieved this requirement in early 2013. Luzi Stamm, who is an in...
17 September 2014 /regulation
Anne Plested Regulation at ION Markets
Last week I was in the beautiful city of Madrid, where besides analysing the impact of upcoming MiFID II regulation, I’ve been catching up on the Spanish Market Reforms. The upcoming changes, aka La Reforma, promise to align the Spanish market with European peers and improve competitiveness. Spain’s clearing, settlement and registry system overhau...
16 September 2014 /regulation
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