The initiative will combine CloudMargin technology with Margin Tonic regulatory consultancy services to help firms address Uncleared Margin Rules compliance
There remains a greater demand for clarity from the market amid continued uncertainty around the implementation of the SDR of CSDR, according to a panel at the Securities Finance Technology Symposium
Compliance concerns will escalate considerably once the first fine is issued, says one panellist at this year’s Securities Finance Technology Symposium
01 November 2021Germany Reporter: Carmella Haswell
The data packages will help to manage risks and prioritise settlement fails, reconcile cash penalties and prepare for buy-ins, allowing clients to manage the new regulatory requirements of the European Central Securities Depositories Regulation
Review of the Capital Requirements Regulation and Capital Requirements Directive aims to make banks more resilient to economic shocks, while facilitating transition to carbon neutrality and supporting recovery from the pandemic
The report concludes that member jurisdictions have made further progress in adopting Basel III standards, despite disruption from the COVID-19 pandemic
Report forms a key element of FSB workstream on non-bank financial intermediation, providing policy toolkit for tackling vulnerabilities in money market funds as part of a programme running until at least 2026
The revised framework aims to improve the safety and efficiency of securities settlement in the EU, highlighting changes from the previous document along with matters awaiting consideration from ESMA or the Commission
Regulatory changes bring greater clarity to netting of derivatives, securities lending and repo positions for financial institutions subject to insolvency proceedings or acquisition
Societe Generale is hit with a US$1.5m fine for inaccurate reporting of swap valuation data and for providing inaccurate daily marks, following fines imposed on Refinitiv and Citi for reporting and oversight failures