Asset managers resist bank-like capital and liquidity regulations being contemplated by regulators. But new requirements appear unavoidable given recent regulatory trends.
Observations from the Annual Conference of the Securities and Commodities Authority 2018
European Union rules starting this week will stress human oversight and consumer protection, which may hamper companies trying to build the tools of the future.
Order and execution management systems (OMS/EMS) enable buy-side and sell-side firms to connect to global markets, create more efficient workflows, lower total cost of ownership, and meet increasingly stringent regulatory compliance obligations.
Vitor Constancio has a message for his successors at the European Central Bank: their job will look very different from his.
Hong Kong’s financial institutions are still struggling with developing and enforcing KYC and AML policies and regulations.
Many large internationally active U.S. banks are already grappling with the General Data Protection Regulation, which takes effect May 25.
IFRS 9, which took effect in January 2018, calls for tightening of the accounting rules for fixed-income instruments by requiring more instruments be carried at mark-to-market.
Liquidity constraints are finally lifting somewhat in the corporate bond market. At least for smaller trades.
The U.K.’s largest lenders face tougher capital demands in this year’s stress test, as the Bank of England steps up efforts to avert a repeat of the financial crisis.