The common consensus seems to be that it is not a question of if but rather when Blockchain technology will become mainstream in Financial Services. The industry appears to be caught in a race to develop solutions based on distributed ledger technology that could make business faster, safer and cheaper. A recent report by the …
Blockchain in Financial Services – Compliance and Regulatory Challenges Read More »
Cayman and Panama – Hats, Havens and OFCs What is the difference between an international financial centre (IFC) and an offshore financial centre (OFC)? “What’s in a name? That which we call a rose by any other name would smell as sweet” (Romeo and Juliet). The point that Shakespeare’s character was making was that the …
The European Securities and Markets Authority (ESMA) has issued today final guidelines clarifying one element of the definition of inside information in relation to commodity derivatives under the Market Abuse Regulation (MAR). The new market abuse regime strengthens the existing market abuse framework. In particular, with regards to commodity derivatives, MAR is further specifying the …
ESMA issues final guidelines on inside information and commodity derivatives Read More »
The European Securities and Markets Authority (ESMA) has today published a consultation paper regarding its draft regulatory and implementing technical standards (RTS/ITS) which will implement the Benchmarks Regulation (BR). ESMA is asking stakeholders to comment on its proposed RTS/ITS applicable to benchmark contributors, administrators and national competent authorities. The new European regulatory framework for benchmarks …
ESMA consults on future rules for financial benchmarks Read More »
The Financial Conduct Authority (FCA) has today (29 September 2016) published its third consultation paper on the implementation of the revised Markets in Financial Instruments Directive (MiFID II). MiFID II, which comes into effect on 3 January 2018, updates and improves rules governing the way capital markets function, contributes to the reform of derivatives markets …
The European Securities and Markets Authority (ESMA) has issued today a consultation paper on draft technical standards implementing the Securities Financing Transaction Regulation (SFTR), which aims to increase the transparency of shadow banking activities. Securities financing transactions (SFTs) are transactions where securities are used to borrow cash (or other higher investment-grade securities), or vice versa …
ESMA consults on future reporting rules for securities financing transactions Read More »
There is no excerpt because this is a protected Content.
The European Banking Authority (EBA) published today its final Guidelines on remuneration policies and practices related to the provision and sale of retail banking products and services. The EBA had previously identified poor remuneration policies and practices as a key driver of miss-selling of financial products and services. The Guidelines aim, therefore, to protect consumers …
EBA publishes final guidelines on the remuneration of sales staff Read More »
The European Banking Authority (EBA) published today its final Guidelines specifying the application of the definition of default across the EU and its final draft Regulatory Technical Standards (RTS) on the materiality threshold of past due credit obligations. The EBA also released the results of a quantitative and qualitative impact study (QIS) aimed at assessing …
EBA harmonises the definition of default across the EU Read More »
The FATF and Asia/Pacific Group on Money Laundering (APG) conducted an assessment of Singapore’s anti-money laundering and counter-terrorist financing (AML/CFT) system, based on the 2012 FATF Recommendations, and using the 2013 Methodology. The assessment is a comprehensive review of the effectiveness of Singapore’s AML/CFT system and its level of compliance with the FATF Recommendations. Singapore …
Planet Compliance is a B2B media site and directory focused on covering business regulations and highlighting the top compliance software applications. Fortune 500 brands, major consultancies, and small businesses rely on Planet Compliance’s content, reports, and analysis when reviewing various solutions to ensure their company and clients comply with various business regulations.
The full legal disclaimer can be found here:
View Disclaimer
© 2024 PlanetCompliance. All Rights Reserved.
Disclaimer | Privacy
Add your article to Planet Compliance.
