1245 Results from 2014
Retired Member
In the ever-changing environment of capital markets, it isn’t always clear who the winners and losers are. Clearing houses or central counterparties (CCPs) are of course already considered big winners, with the additional revenues that they will be able to earn from underpinning a larger share of the swaps markets. Now that the rules are becoming ...
24 February 2014
The European Commission has released a statement announcing that the United States Commodity Futures Trading Commission (CFTC) and the European Commission have made significant progress towards a harmonised regulatory framework for CFTC-regulated swap execution facilities (SEFs) and EU-regulated multilateral trading facilities (MTFs). As a result...
24 February 2014 Financial Services Regulation
Paul Blank e-Trading Solutions at TradAir
Last week saw the introduction of mandatory execution on new SEF platforms for certain standardised interest rate swaps. Such swaps will no longer be executed bilaterally between banks and their clients, but rather must be executed anonymously on SEFs. The move to SEF trading has however been tentative, with many buy-side firms holding back, nonet...
24 February 2014 /wholesale Innovation in Financial Services
Verizon recently released its latest PCI Compliance report, which highlighted that businesses are starting to realise the benefits of compliance. It seems that many of the companies that suffered breaches over the last year were PCI compliant at the time of the breach, which emphasises that being compliant is not necessarily going to ensure secur...
24 February 2014 /security
The European Commission has adopted regulatory technical standards (RTS) on contracts that have a direct, substantial and foreseeable effect of contracts within the EU to prevent the evasion of rules and obligations in connection with the European Markets Infrastructure Regulation (EMIR). The RTS, as prepared by the European Securities and Market...
In BCBS 268, Progress in adopting the principles for effective risk data aggregation and risk reporting”, the BCBS has made several important observations about the state and progress of compliance with BCBS 239. Most notably, BCBS 239 may apply not only to the GSIBS but domestically systematically important banks as well! Extending the logic a bit...
22 February 2014 /regulation
Robert Siciliano Security Analyst at Safr.me
I have a growing family. Camping is on my list of family events. The wife isn’t crazy about tents. So I went on Craigslist looking for a second hand camper. I found a $15,000 camper for $2200.00. A pretty good deal to say the least. This ad actually gave me chills it exited me so much. So I sent an email. This is what happened: Seller: “Thank yo...
21 February 2014 /security
The European Securities and Markets Authority (ESMA) has published its 2014 regulatory work programme which sets out ESMA’s regulatory work schedule including: technical standards under the Alternative Investment Fund Managers Directive; 5 pieces of work on the European Markets Infrastructure Regulation (EMIR) including: Regulatory technical stan...
21 February 2014 Financial Services Regulation
Connectivity, transportation networks and global product demand has steadily demolished the barriers to entering markets overseas. Businesses large and small have extended their networks to buy and sell across multiple markets and territories. However, whilst opportunities to expand B2B commerce networks internationally are myriad, many businesses...
21 February 2014
I need to improve my customer experience…oops, I just sent costs through the roof! I need to be compliant, but now my customer experience is just nasty. I need to sell more, but my marketing budget is less than last year! I need to be a magician to balance all these needs and goals! How can I possibly make it all happen at the same time? There ...
21 February 2014 /retail
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