Systems and controls

Systems and controls

If markets used to be a masquerade, then regulation is rapidly making us lift the masks on all our counterparties.  As an example, the...

It’s common knowledge that KYC requirements are becoming a major problem for banks, many of whom have thousands of employees conducting due diligence, document...
ISIN, MiFID II ISIN

In our preceding article about ISINs, we explored the pursuit of a universal OTC identifier, and discussed what has occurred in Europe to fix...

On 24 September, TD Bank was fined nearly $90 million from US federal authorities for failing to accurately detect and report suspicious banking activity...

By Sam Tyfield, Vedder Price. Back in 2009, the EU issued a Recommendation (which has no binding legal effect) on the use and application of...

90% of buy-side firms believe they are at either high or medium risk of not being compliant by the January 2018 deadline, despite this...

Getting your head round the main objectives of the current financial reform agenda is a task in itself, but when it comes down to...

Conduct risk is becoming something of a buzz word for regulators this year. In the UK, the FCA took over supervision of consumer protection...

By Sam Tyfield, Vedder Price On technology failures generally Mary Jo White of the SEC has announced publicly that : “ objective has to be zero tolerance......

In the past month, we’ve celebrated the holiday season and brought in the new year, but there has been no rest for the wicked...