SteelEye, a compliance technology and data analytics firm, and MAP Financial Technologies Limited, (MAP FinTech), a specialist in regulatory reporting solutions, have formed a research and development partnership. The partnership will focus on the two firms’ complementary areas of regulatory
The US Securities and Exchange Commission has canceled its meeting to vote on proposed rule changes to its whistleblower program. According to the SEC’s open meeting website, the meeting, previously scheduled for October 23rd, is “Cancelled.” It is reported that
Well over half of asset managers at financial services firms (58 per cent) say that recent industry regulations have resulted in their organisation either investing in new technology or bringing in a third party to help meet new data management
Unintended consequences of new regulations are hindering hedge fund managers from boosting returns for their investors. According to findings from analytics firm OpenGamma, hedge funds can now be charged an eye watering 70 per cent additional margin because of regulatory changes,
The US Securities and Exchange Commission (SEC) is neeting on Wednesday 23 October to vote on proposed changes to the SEC’s highly successful Dodd-Frank Act whistleblower reward program. If approved, the proposed changes will destroy vital whistleblower protections, undermine the
Glencore Agriculture, located in Rotterdam, the Netherlands, and Glencore Ltd of Stamford, Connecticut are to pay a USD2 million CFTC penalty for exceeding cotton futures position limits. A CFTC Order finds that on multiple trading days during May 2013, June
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published a consultation paper setting out its proposed framework to regulate spot crypto asset activities, including exchanges, custodians and other intermediaries, to be undertaken in ADGM. The
Cryptocurrency research firm Crypto Fund Research reports that prices for cryptocurrencies like Bitcoin and Ethereum are off about 50 per cent from their December 2017 highs and the SEC has announced its intent to investigate over 100 crypto hedge funds.
With only 30 days until implementation, more than 50 per cent of investment firms globally are unlikely to be ready for the European Union’s new General Data Protection Regulation (GDPR) on 25 May 2018. That’s according to a global industry
SteelEye, a compliance technology and data analytics firm, is pleased to announce its best execution support for MiFID II’s regulatory standards RTS27 & RTS 28. With RTS28 due to take effect on 30 April, financial services firms are now looking
