MiFID II QuickTake: Making markets fair
A vast set of rules known as MiFID II will impose unprecedented transparency on traders and seek to curb conflicts of interest.
Are CFTC and SEC requirements aligning for CCOs?
New CFTC guidance determines that Chief Compliance Officers will be required to report directly to a board director or senior officer.
How transparency is driving Asian asset managers to technology
The need for improved transparency is pushing Asian asset managers to use more sophisticated technology than they’ve ever used before in the management of their portfolios and to boost the overall efficiency of their businesses.
Bridging the gaps in data lineage: FIGI and the future
Data management is evolving as a critical business function and properly identifying financial instruments is now a top priority for data and risk management professionals.
7 tips for managing an IT outsourcing contract
IT organizations put great focus into drawing up their outsourcing contracts, but those agreements alone do not guarantee satisfactory outcomes.
World’s biggest banks fined $321 billion since financial crisis
That tally is set to increase in the coming years as European and Asian regulators catch up with their more aggressive U.S. peers.
Data management just became a little harder
A recent New York cyber-security regulation requires a more rigorous use of encryption when transmitting sensitive data to regulators.
Why current data governance programs are ineffective
It is now widely recognized that to have effective controls over enterprise wide data, financial institutions must first gain control of data governance.
Don’t take your foot off the gas: Dodd Frank may be under fire but compliance officers can’t let up
The financial industry may be starting to breathe easy at the thought that the new U.S. administration will chip away at Dodd Frank but this news provides no real relief for compliance professionals.
Cyber-security re-defines business structure
After decades of outsourcing IT processes and staff, financial institutions will need to bring their information security responsibility back in-house.