UnaVista, part of the London Stock Exchange Group (LSEG), has extended its alliance with information provider IHS Markit to help firms prepare and comply with the upcoming SFTR transaction reporting. In line with LSEG’s Open Access philosophy, UnaVista launched its
The Options Clearing Corporation (OCC) is to undertake remedial efforts and pay USD20 million in penalties to settle SEC and CFTC charges that it failed to implement policies to manage certain risks as required by US laws and SEC and
The US Commodity Futures Trading Commission has issued two orders filing and settling charges against Tullett Prebon Americas Inc, an interdealer broker and CFTC-registered introducing broker headquartered in New Jersey, requiring the company to pay a total of USD13 million
ACA Compliance Group (ACA) and Eagle Investment Systems (Eagle), a BNY Mellon company and part of Data and Analytics Solutions, have partnered to help firms comply with the new 2020 Global Investment Performance Standards (GIPS). The firms believe that ACA’s GIPS compliance
UK fund providers will have until 15 September 2019 to submit a ‘Brexit licence’ to the Luxembourg regulator to continue trading in the Grand Duchy. The Commission de Surveillance du Secteur Financier (CSSF) is warning that unless firms submit a
Global regulation has developed like a slow growing but increasingly powerful storm system over the last five years. And whereas big wave surfers welcome such conditions thanks to the epic waves it produces, there are, it could be argued, precious
Guernsey is proposing to adopt limited liability companies (LLC) in a move intended to enhance the island’s competitive position in the United States. The island’s government, the States of Guernsey, has launched a consultation exercise, as it considers following many
With the FCA’s Policy Statement PS18/8 due to come into effect from 30 September 2019, Authorised Fund Managers (AFMs) will need to publish Assessment of Value reports from the end of January 2020 (within four months of their funds’ year-end).
A global RegTech company has seen enquiries for its software triple as financial services firms prepare for a Post-Brexit landscape. Lawson Conner has seen a such a marked upturn in demand for its software and services, as the possibility of
The Commodity Futures Trading Commission (CFTC) has secured a Preliminary Injunction Order against Defendants Patrick K McDonnell and CabbageTech, d/b/a Coin Drop Markets (CDM) over a fraudulent virtual currency scheme. The Court’s decision stems from the CFTC’s 18 January 2018 Complaint charging Defendants with fraud and misappropriation
