Survey of asset managers finds only 6% ready for MiFID II best execution standards
- 7 years 5 months ago
- Compliance
Liquidnet, the global institutional trading network, today published the high level findings of a recent survey of asset management firms that probed their views of best execution requirements under MiFID II. The study, entitled “Re-Engineering Best Execution,” found that just 6% of those surveyed believed they are currently ready to meet best execution requirements.
Jibrel Network Signs MoU with MENA-based Blockchain Platform
- 7 years 5 months ago
- Compliance
Jibrel Network, the first protocol with built-in regulatory compliance that allows anyone to put traditional assets like currencies, bonds and other financial instruments on the blockchain, has today announced that it has signed a Memorandum of Understanding with Dubai-based company, ArabianChain. The partnership will allow Jibrel to provide technical advisory services and support to ArabianChain, the leading blockchain-enabled platform that... more
Ullink Certified for MiFIDII Trade Reporting
- 7 years 5 months ago
- Compliance
Ullink is pleased to announce that it has successfully certified its MiFID II Trade Reporting solution with TRADEcho, the Approved Publication Arrangement (APA) of the London Stock Exchange (LSE) that provides comprehensive pre- and post-trade transparency services.
Flywire Simplifies Compliance with New Cross-Border Education Payment Requirements in Ireland
- 7 years 5 months ago
- Payments, Compliance
Flywire, a leading provider of international payment and receivables solutions for businesses, schools and healthcare providers, is helping Irish schools comply with a recent government regulation regarding tuition payments being made from outside of Ireland.
FCA approves NEX Regulatory Reporting as an APA
- 7 years 5 months ago
- Regulatory Standards
NEX Regulatory Reporting, a NEX Group business which provides regulatory reporting services across global regulatory regimes, announces today that Abide Financial has received approval from the Financial Conduct Authority (FCA) as an Approved Publication Arrangement (APA), with effect from 3 January 2018. The authorisation will allow NEX Regulatory Reporting to provide enhanced MiFID II services.
Trax MiFIDII APA Approved by Financial Conduct Authority
- 7 years 5 months ago
- Compliance
Trax, a leading provider of regulatory reporting, trade matching and capital market data services, is among the first to be approved by the UK Financial Conduct Authority as an Approved Publication Arrangement (APA) for transparency and reporting services under the MiFID II regime.
CONSUMER FINANCIAL PROTECTION BUREAU AND AMERICAN EXPRESS REACH RESOLUTION TO ADDRESS DISCRIMINATORY CARD TERMS IN PUERTO RICO AND U.S. TERRITORIES
- 7 years 5 months ago
- Regulatory Standards
The Consumer Financial Protection Bureau (CFPB) today took action against two American Express banking subsidiaries for discriminating against consumers in Puerto Rico, the U.S. Virgin Islands, and other U.S. territories by providing them with credit and charge card terms that were inferior to those available in the 50 states. American Express also discriminated against certain consumers with Spanish-language preferences.
IHS Markit Launches Compliance Service for RTS 28
- 7 years 5 months ago
- Compliance
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced the launch of a new service designed to help investment firms comply with MiFID II’s RTS 28, which requires them to publicly report their top five trading venues by asset class.
SIX Financial Information Launches Tax and Regulatory Data Service for Belgian Stock Exchange Tax (TOB)
- 7 years 5 months ago
- Compliance, Regulatory Standards, Tax Authorities
SIX Financial Information has launched a new tax and regulatory data service, enabling international banks to automatically allocate tax rates for securities subject to the Belgian TOB. The new service is commercially available now on a global basis. As part of the Belgian TOB, there is a new requirement for the tax on any transactions carried out by Belgian taxpayers through foreign banks to be reported to the authorities in Belgium. This means... more
AQMetrics Signs Appian and Macrosynergy
- 7 years 5 months ago
- Compliance, Risk Management
AQMetrics, the award-winning provider of regulatory compliance and risk solutions, today announced the addition of two new clients, Appian Asset Management Limited (Appian) and Macrosynergy Partners LLP (Macrosynergy), to its growing client portfolio.
FICO Unveils New Solution to Instantly Optimize Deal Structures for Auto Finance
- 7 years 5 months ago
- Compliance, Risk Management
New FICO solution instantly evaluates millions of alternative offers, then to delivers the best offers to auto lenders, empowering them to aggressively compete for business without compromising risk, growth, or compliance requirements.
Wolters Kluwer Enhances Capital Changes 871M Automated Compliance Tool
- 7 years 5 months ago
- Compliance
Wolters Kluwer today announced the release of its enhanced Capital Changes 871M Automated Compliance Tool. The solution helps banks, brokers and other financial services firms comply with IRS rules already in place, in addition to new, complex regulatory changes that will go into effect January 1, 2019, based on IRS Notice 2017-42 relating to certain equity-linked financial derivatives.
Smarsh Adds Voice Archiving with Acquisition of London-based Cognia
- 7 years 5 months ago
- Compliance, Risk Management
Smarsh, which provides information archiving solutions for compliance, e-discovery and risk management, has completed the acquisition of Cognia, a worldwide leader in cloud-based voice archiving, audio search and analytics.
Australian Authorities Propose Loosening Restrictions on New Entrants to Boost Competition
- 7 years 5 months ago
- Regulatory Standards
The Australian Prudential Regulation Authority (APRA) has today released a discussion paper on proposed revisions to the licensing framework for authorised deposit-taking institutions (ADIs).
AxiomSL Recognised as Category Leader by Chartis Research for MiFID II Reporting Solutions
- 7 years 5 months ago
- Regulatory Standards, Data Management, Risk Management
AxiomSL, the leading global provider of regulatory reporting, risk and data management solutions, today announced that Chartis Research, a leading provider of research and analysis on the global market for risk technology, has named the company a 2017 Category Leader for its MiFID II Reporting Solutions. Concurrently, AxiomSL announced that its MiFID II solution
