By PlanetCompliance, June 18, 2018 [Compliance , Data Protection&Privacy insights , Insights , Risk Management , Senior Management] Vendor Management Compliance is an increasingly important aspect for financial institutions and it is getting more and more complicated, too. New regulations further add to the challenge, but establishing the right framework is also an …

By PlanetCompliance, June 14, 2018 [At the Regulators , Compliance , EBA , Europe , European Union , News from the EU , Payment Services Directive (PSD2) , Payments and Cash Management] The European Banking Authority (EBA) has published two regulatory products, an Opinion and a Consultation Paper on draft Guidelines, to clarify a number of issues identified by market participants in relation to the regulatory technical …

By PlanetCompliance, June 12, 2018 [Alternative Finance insights , At the Regulators , Compliance , Derivatives , ESMA , Europe , European Union , FX , Insights , Legal , News from the EU , Senior Management] The writing has been on the wall: times for CFDs and Binary Options are getting more difficult with the latest announcements from the European financial watchdog, ESMA (European Securities and Markets Authority) to ban the …

By PlanetCompliance, June 8, 2018 [Compliance , Dodd-Frank Act , Insights , Thought Leadership , US] For Europeans, it can be puzzling when talk turns to the famous Dodd-Frank as we witnesses the events that led to this milestone piece of financial regulation, but few have a real grasp of what …

By PlanetCompliance, June 4, 2018 [Alternative Finance , Alternative Finance insights , Blockchain , Blockchain & Smart Contracts Insights , Compliance , Data Protection&Privacy insights , Insights , IT , Privacy Officer , Risk Management , Sales&Trading] Quantum Computing has the potential to disrupt the financial industry. We look at the use cases in Finance and the obstacles that this astonishing technology has to overcome and you don’t even need a degree …

By PlanetCompliance, May 29, 2018 [At the Regulators , Compliance , ESMA , European Union , MiFID II , News from the EU , Operations] It has been a busy month of MiFID II updates. ESMA has published six documents that provide further detail or clarification for the MiFID II framework that was launched on 3 January 2018. Launch of …

By PlanetCompliance, May 29, 2018 [Commodities , Compliance , Debt , Derivatives , Energy Trading , Equity , ETFs , European Union , FX , Insights , MiFID II , MiFID insights , Sales&Trading] Some considered 3 January 2018 to be the end of banking as we know it, doomsday, Armageddon. For several years the tension and anticipation had been building up and the final weeks of 2017 were …

By PlanetCompliance, May 25, 2018 [At the Regulators , Compliance , ESMA , Europe , European Union , MiFID II , News from the EU] The European Securities and Markets Authority (ESMA) has added 9 new or updated Q&As to its Questions and Answers (Q&A) on MiFID II/MiFIR investor protection topics. The new or updated Q&As cover the topics of best execution, client categorisation, provision …

By PlanetCompliance, May 24, 2018 [Alternative Finance insights , Compliance , Insights , LegalTech Insights , RegTech directory , Senior Management] RegTech is often named as the solution for banks to deal with the wave of new regulations that has swept across the industry over the last couple years. In reality, the application of regulatory technology …

By PlanetCompliance, May 22, 2018 [Alternative Finance insights , Automated Trading Insights , Blockchain & Smart Contracts Insights , Compliance , Insights , RegTech directory , Sales&Trading , Senior Management] Artificial Intelligence aka AI is changing the Financial Industry; there is no doubt about it. While the verdict is still out on the impact AI is going to have on jobs, the technology has long …

By PlanetCompliance, May 21, 2018 [Alternative Finance , At the Regulators , CFTC (U.S.) , Compliance , Cryptocurrencies , North America , US] The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) today issued a joint staff advisory that gives exchanges and clearinghouses registered with the CFTC guidance for …

By PlanetCompliance, May 18, 2018 [Blockchain & Smart Contracts Insights , Crowdfunding insights , Cryptocurrencies , Insights] Crypto Theft is becoming more and more widespread. Thanks to the growing popularity of cryptocurrencies and ICOs, the cases of criminal acts are increasing. PlanetCompliance explains how these thefts work and what you can do …

By PlanetCompliance, May 17, 2018 [At the Regulators , CFTC (U.S.) , Compliance , News from the EU , US] The Commodity Futures Trading Commission (CFTC) has approved a proposed rule to reduce regulatory burdens for U.S. market participants in order to promote economic growth and job creation, by bringing certain CFTC requirements in line …