1,125 banks sign up for KYC Registry 10 months after launch
by Kylene Casanova
More than 1,125 financial institutions have now signed up to Swift's Know Your Customer (KYC) Registry, which aids compliance with regulations to prevent financial crime.
Control & Compliance in Operations
Background
Not only do corporate treasurers have to ensure water tight controls in all their operations and risk management, they have to prove it by having full records of what has been carried out and why.…
Read moreIASB web series clarify changes to financial reporting standards
by Kylene Casanova
The series of web presentations explain the IASB's rationale behind its proposals for improving the existing set of reporting standards and accounting policies.
Consultation on harmonisation of key OTC derivatives data
by Kylene Casanova
The CPMI and the IOSCO have published a public consultative report on the harmonisation of a first batch of key OTC derivatives data elements.
ESMA opens public consultation on EMIR standards for CCP client accounts
by Kylene Casanova
The European Securities and Markets Authority has launched a public consultation to review EMIR standards on central counterparties' client accounts.
ESMA publishes four reports focused on how EMIR framework has been functioning
by Kylene Casanova
European Securities and Markets Authority (ESMA) has published four reports focused on EMIR plus providing input and recommendations to the European Commission’s EMIR Review
Global Financial Market Liquidity study warns of reduction in 2ndary liquidity
by Kylene Casanova
PWC research suggest early warning signals that regulation and other market factors are contributing to a reduction in certain aspects of secondary market liquidity which is being exacerbated by………
Regulators in the spotlight: more transparency needed?
by Kylene Casanova
With banks under unprecedented scrutiny from regulators and facing fines of $87 billion in 2014 alone, should regulators also be more transparent in their stress testing and bank assessments?
Businesses call for clearer tax rules, even if that means paying more tax
by Kylene Casanova
A survey of 2,580 global business underlines the need for clarity on what is acceptable and unacceptable in terms of tax planning under globalised tax rules.
Know Your Customer (KYC) management in the day-to-day operations of a corporate treasury department
by Kylene Casanova
Steve Pulley, Global MD of Org ID at Thomson Reuters, describes dynamics of KYC, how corporates will be able to ask their banks to go to chosen provider to receive their KYC information, and future of KYC services
Five years on: is Dodd-Frank a failure for corporate treasury?
by Kylene Casanova
The US's most sweeping reform of financial markets regulation in recent times comes in for criticism on its fifth birthday. How has it affected corporate treasury?
Regulatory update from the EACT
by Kylene Casanova
The EACT's July report on European regulatory issues that affect corporate treasurers, including EMIR, Financial Transaction Tax and bank structural separation, is now available online.
ESMA issues final report on MiFID standards
by Kylene Casanova
The European Securities and Markets Authority (ESMA) has published its final report on MiFID II and the related EU regulation.
EC presents plan to fight corporate tax avoidance
by Kylene Casanova
The European Commission yesterday presented its action plan for fairer corporate taxation, suggesting that the fight against corporate tax avoidance is a problem it is taking seriously.
ESMA says MiFID II proposals to be refined
by Kylene Casanova
ESMA is trying to find compromises and will react cautiously, paying attention to varying market opinions on certain proposal within Markets in Financial Instruments Directive (MiFID).
Broad market support for ISDA’s derivatives reporting principles
by Kylene Casanova
Eleven financial markets and banking associations sign letter to back ISDA's principles for improving regulatory reporting standards for derivatives.
India and South Africa pass Basel III compliance test
by Kylene Casanova
The Basel Committee has published reports on India and South Africa, evaluating the consistency and completeness of their implementation of the Basel III standards.
EMIR causing sleepless nights on the buyside
by Kylene Casanova
Will investment funds and insurance companies be ready to comply with European Market Infrastructure Regulation (EMIR) rules by the deadline?
IRS calls for help on new tax standard
by Kylene Casanova
The US Internal Revenue Service (IRS) has issued a notice calling for public comment on a new tax standard.
The global reach of International Financial Reporting Standards
by Kylene Casanova
Fifteen years since IFRS was introduced, this the status of international financial reporting standards around the world
Pension funds exempt from EMIR clearing for two more years
by Kylene Casanova
The European Commission (EC) has adopted an amendment to the European Market Infrastructure Regulation (EMIR), to exempt pension funds in Europe from mandatory clearing of derivatives trades for a further two years.
Fatca comes in for tough criticism
by Kylene Casanova
Dubbed “an American tax nightmare", a financial advisory calls for US senators to put Fatca on the political agenda and says more must urgently be done to repeal the act.
Swift opens KYC Registry to fund distributors and custodians
by Kylene Casanova
Swift's KYC Registry has been made available to fund distributors and custodians as part of a move to extend compliance services to the securities community.
EC says fair taxation will support economic recovery
by Kylene Casanova
The European Commission (EC) has taken two steps to curb tax evasion throughout the European Union.
Corporate treasury depts is this you: Few tasks are performed ‘extremely well’?
by Kylene Casanova
ACT/Kyriba 2015 survey reveals important home truths about ‘The changing role of the modern treasurer’