A survey conducted on preparation for the FCA’s Senior Managers and Certification Regime, (SM&CR) has revealed that most firms have significant work to do, as they prepare for its extension to all authorised firms on 9 December. From a pool of over
Futures commission merchant AMP Global Clearing (AMP) is to pay USD100,000 to settle CFTC charges that it failed to supervise the cybersecurity of customer records and information. The charges relate to the period between 21 June, 2016 and 17 April, 2017
There has been a 65 per cent jump in the number of firms referred to the Regulatory Decisions Committee, suggesting an acceleration in FCA investigations, according to Cleveland & Co, the boutique legal advisory business. Information provided to Cleveland &
The Commodity Futures Trading Commission (CFTC) has issued an order filing and settling charges against Deutsche Bank Securities (DBSI) for attempted manipulation of the ISDAFIX benchmark and requiring DBSI to pay a USD70 million civil monetary penalty. The CFTC Order
Competition among managers for capital in the alternative investment sector has never been greater. Similarly, as fund service providers vie for business in a crowded market place, it is important for firms to stand out from the crowd, writes Paul
Cambridge Blockchain has formed a strategic alliance with IHS Markit through which the companies will offer integrated reference data, operations, and software to support utilities for the collection and management of know-your-customer information (KYC). Financial institutions face growing compliance challenges
Catena Technologies has extended its collaboration with UnaVista, part of London Stock Exchange Group, to help firms prepare and comply with Securities Financing Transactions Regulation (SFTR) transaction reporting. Catena has extended its membership of UnaVista’s Partner Programme to include SFTR.
Speakerbus and Insightful Technology have formed a new partnership designed to drive enhanced compliance capabilities and improved productivity throughout the trading lifecycle. The combined solution facilitates seamless integration, enabling detailed analysis of all voice trading conversations, together with all other
Chainalysis, a provider of cryptocurrency compliance and investigation solutions, has launched real-time transaction monitoring for ten cryptocurrencies. The launch of additional cryptocurrencies comes in anticipation of global regulatory guidance that will require automated transaction monitoring for the cryptocurrencies that exchanges
Charles River clients subject to the European Union’s Markets in Financial Instruments Directive II (MiFID II) are now able to comply using the Charles River Investment Management Solution (Charles River IMS). Charles River has worked with clients across Europe, North
