Basel Committee considers requiring banks falling into scope of the Global Systemically Important Bank (G-SIB) framework to report G-SIB indicators based on average values over the reporting year, rather than by using year-end values
The European Banking Authority and the European Securities and Markets Authority have released a consultation paper on two draft joint guidelines under the Markets in Crypto-Assets regulation
The UK regulator ruled that the transactions were carried out in a way “that was highly suggestive of financial crime” and that the broker had failed to manage risk that it was being used to facilitate fraudulent trading and moneylaundering
This is the fourth penalty applied by the UK regulator and the largest that it has applied to date relating to div arb violations. MCM qualified for a 30% reduction under the Settlement Discount Scheme since it did not dispute the FCA's charges
Regulatory reporting is a “critical” aspect of business that firms need to be paying attention to, speakers on the ‘Regulatory Reporting: Rewrite, reform, refit’ panel at this year’s Securities Finance Technology Symposium in Boston agreed
During the ‘Regulation’ panel, speakers discussed the current state of regulation in the industry, including the relationships between regulators and the market, what clients are looking for and what might lie ahead
The digital prime broker says that its new solution, developed with Fireblocks, is the industry’s first decentralised finance platform for institutional users, enabling clients to cross-margin across decentralised and centralised trading platforms
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