By Blake Estes, counsel in Alston & Bird’s Financial Services & Products Group – Following the financial crisis, the Basel Committee on Banking Supervision and the International Organisation of Securities Commissions (IOSCO), as directed by the G-20 countries, developed consistent global
The Securities and Exchange Commission has charged a former bitcoin-denominated platform and its operator with operating an unregistered securities exchange and defrauding users. The SEC has also charged the operator with making false and misleading statements in connection with an
Capital markets and banking technology specialist Sensiple is bringing its Regtech product SETREGA for MiFIDII, SFTR and EMIR compliance and reporting to the FR2 data centre in Frankfurt as part of a new agreement with Transaction Network Services (TNS). Sensiple
End to end systematic trading solutions firm, QuantHouse, has added Jane Street Financial’s systematic internaliser (SI) to its qh API Ecosystem. Liquidity provider Jane Street trades USD5.6 trillion across equities, ETFs and options. The firm commits its own capital and
Broadridge Financial Solutions has launched a change management service to help companies design their target operating models to be compliant with the upcoming Securities Financing Transactions Regulation (SFTR). The new service provides a practical blueprint for front-to-back changes to overall
Confluence is teaming with ICE Data Services to help asset managers meet their compliance obligations with respect to SEC Modernization and other regulatory reporting requirements. With the implementation of SEC Modernization, the increased frequency and depth of reporting required by
The US Commodity Futures Trading Commission (CFTC) and the UK’s Financial Conduct Authority (FCA) are to collaborate and support innovative firms through each other’s financial technology (FinTech) initiatives – LabCFTC and FCA Innovate. “The FCA’s Project Innovate is the gold
Investment funds can now take advantage of a new limited partnership regime following the passing of the Limited Partnership Act in the British Virgin Islands (BVI). The Act is designed to provide all the typical benefits of limiting liability, as
A growing number of Jersey-registered fund managers are opting to future-proof their strategies and market into Europe through national private placement regimes (NPPRs) under the Alternative Investment Fund Managers Directive (AIFMD), according to the latest figures from Jersey’s regulator, the
Intelliflo has collaborated with Brookland Computer Services, a specialist technology solutions and advisory firm with 20 years’ experience working for regulated clients in the financial services and legal markets, to produce a comprehensive GDPR toolkit ahead of the new regulation
