Lawson Conner expands AML offering to Cayman Islands
Lawson Conner has announced the launch of its new outsourced anti-money laundering (AML) solutions offering for Cayman funds. Following the Cayman Islands Monetary Authority (CIMA)…
Regulation and Compliance
Rule Changes Will Accelerate Innovation in Swaps Trading
Proposed changes to swaps regulations could fuel a boom in innovation and electronic trading, and increase the average daily notional volume traded on swap-execution facilities…
Societe Generale agree to pay $860 million Libor fine
Regarding the news that Société Générale, and its subsidiary, SGA Société Générale Acceptance N.V., have agreed to pay a total penalty of more than $860…
EBA publishes final amended technical standards on supervisory disclosure
The European Banking Authority (EBA) has published its final draft amended Implementing Technical Standards (ITS) on supervisory disclosure, which specify the format, structure, contents list…
TORA Integrates Its OEMS with Trax
TORA, provider of cloud-based order and execution management system (OEMS), has partnered with Trax, the post-trade services and European market data division of MarketAxess, to…
post MiFID, the research world has been reset with global impact
With the first quarter of business under MiFID II complete, MPI Europe, the specialist financial services consultancy, has published results of its MiFID II Research…
SAS survey: IFRS 17 will increase cost, complexity and transparency of insurance
An overwhelming majority (97 per cent) of senior UK insurance professionals expect the new International Financial Reporting Standard (IFRS 17) to increase the complexity and…
Hedge Fund returns hit as rules see margin costs skyrocket
Unintended consequences of convoluted regulations are hindering hedge fund managers from boosting returns for their investors. According to findings from analytics firm OpenGamma, hedge funds…
ICE Benchmark Administration Becomes Authorised Benchmark Administrator under EU Benchmark Regulation
Intercontinental Exchange, Inc. has announced that ICE Benchmark Administration Limited (IBA) has been authorised as a regulated benchmark administrator under the EU Benchmarks Regulation (BMR)….
DTCC – Derivatives Data Challenges Hinder Systemic Risk Monitoring And Reduction
While significant progress has been made during the last eight years towards establishing a global reporting framework for over-the-counter (OTC) derivatives transactions, substantial work remains…