Bloomberg TOMS designated as FCA approved reporting mechanism for MiFID reporting
by Kylene Casanova
Potential opens up to use a single trading platform for all asset classes
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 moreEMIR reporting progress summary from Treamo: reconciliation still a farce
by Kylene Casanova
EMIRate reporting service continues its expansion and now has some 80 clients
G20 in Turkey mandates OECD for their MNC tax crackdown programme
by Kylene Casanova
BEPS Action Plan will require modifications to the existing network of more than 3,000 bilateral tax treaties worldwide
DTCC’s Legal Entity Identifier service, the GMEI utility, gathers significant momentum in 2014
by Kylene Casanova
GMEI has issued over 165,000 LEIs to entities from over 140 jurisdictions and is expected to continue to grow as regulators increasingly mandate the use of LEIs
SIX selects UnaVista as partner for its Swiss derivative trade repository solution
by Kylene Casanova
Switzerland’s SIX financial services processor adds new reporting facility
Thomson Reuters launches Accelus Regulatory Intelligence for compliance professionals
by Kylene Casanova
New solution combines content with advanced technology allowing clients to more efficiently manage & mitigate risk
Enterprise Risk Management needs to be part of day-to-day decision making
by Kylene Casanova
AmeriHealth Caritas ERM programme shows how vital it is to report direct to the CEO as well as being integrated into company day-to-day processes
Complete transparency will create a new paradigm for banking and business
by Kylene Casanova
The use of technologies such as Block Chain 2.0 and Marketcore will transform banking & business as they will ensure that everyone will know exactly what is going on and what they are buying
Last chances to comment on OECD transfer pricing definitions for BEPS
by Kylene Casanova
9 January deadline for comments on Action 7. 6 February deadline for Actions 8,9 and 10. Public consultation meeting in OECD offices in Paris on 19-20 March 2015
Critical failings in the credit rating agencies in Europe, finds ESMA
by Kylene Casanova
ESMA playing hardball as four major issues identified on quality controls, application of full methodology, delays in completing annual reviews, and need to strengthen internal reviews
European ACT December 2014 report on regulatory issues
by Kylene Casanova
Progress on EMIR reporting, MMF & CNAV, Financial Transaction Tax, Financial Benchmark Regulation, and Bank Structural Separation
FRIDAYclub: Managing the Impact of Regulatory Change on Transaction Banking
by Kylene Casanova
Ruth Wandhöfer, Global Head of Regulatory & Market Strategy, Citi (speaking in a personal capacity), Richard Raeburn Chairman, European ACT and Jack Large on whys & wherefores of regulatory change
2014: a tough year for corporate treasury, surviving without mistakes was good
by Kylene Casanova
Regulatory pressures, and the expanding role of enterprise wide cash and treasury management whilst having same or less budget was bound to be difficult
Thomson Reuters highlights rising costs of non-compliance & need for leadership
by Kylene Casanova
Report: Action needs to be taken at the most senior levels not only to be compliant, but also to avoid the growing costs of non-compliance
EMIR Reporting, Reconciliation & International Regulations progress
by Kylene Casanova
Concern at ESMA’s Level 1 Reconciliatiion Rules and at the EMIR auditors’ evaluations
Global corporations & network banks need to work together to influence regulators
by Kylene Casanova
Read Ruth Wandhofer’s new book on how to understand what is happening and how to reduce the unintended consequences of the current regulatory environment
EMIR reporting in the EU - bank reporting not up to scratch and issue resolution
by Kylene Casanova
Clarification of various issues in EU and what to do about Switzerland
EACT September report on regulatory issues in Europe shows lobbying on many fronts
by Kylene Casanova
Global position is getting worse, as Thomson Reuters index of regulatory is now at 130/day
SEC approves Asset-Backed Bond Rules requiring more information for investors
by Kylene Casanova
New disclosure requirements will ensure investors are given better information about the quality of loans backed by mortgages, auto loans, and commercial buildings, BUT private securities omitted
How treasury can turn regulatory burden - now 103 changes/day - into an opportunity
by Kylene Casanova
Need is shown by Thomson Reuters’s research which reveals that the rate of regulatory document changes, announcements, and enforcements is accelerating, AND it will get worse
FATCA is not going away - it’s for ever, & is part of global regulatory increase
by Kylene Casanova
Fortunately new OECD inter-government standards for exchange of data are in place, and FATCA support services now available
Cost of risk management failures is underestimated, both externally & internally
by Kylene Casanova
OECD Report on Risk Management and Corporate Governance finds major concerns, and is pushing for companies and governments to do more
RBI releases draft guidelines for licensing of payments banks and small banks
by Kylene Casanova
New guidelines will allow corporates to set up in-house banks
IASB completes reform of financial instruments accounting by issuing IFRS 9
by Kylene Casanova
New Standard will come into effect on 1 January 2018 with early application permitted