Pivoting Fixed Income E-trading Technology Assets to Accelerate Compliance In June 2015, a small group of quantitative traders working for the UK division of a Tier I global investment bank...
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The COVID-19 pandemic brought about an unprecedented set of challenges that are impacting the entire financial services global workforce both personally and professionally. Already months into the crisis and many financial institutions are still struggling to adapt to what is, in effect, a prolonged financial shock with a human resource issue at its heart.
As COVID-19 puts operational resilience in the regulatory spotlight, GreySpark considers the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) proposals on operational resilience, published just prior to the onset of the COVID-19 pandemic.
With the adoption of its action plan on sustainable finance, the European Commission is aiming to foster a transition of economic activities towards a more sustainable model.
In 2019, EU financial markets regulatory authorities imposed fines and other sanctions on a number of firms and institutions that failed to provide sufficient evidence of their ability to implement effective and efficient market abuse risk management measures.
When considering the potential impact that the EU’s General Data Protection Regulation (GDPR) could have on the entirety of the bloc’s corporate economic sector, look no further than the findings of an April 2017 Veritas survey in which 20% of the 900 respondents – characterised as “senior business decision makers” – expressed concern that, globally, non-compliance could put them out of business.
For those overseeing the orderly conduct of trading, the Market Abuse Regulation (MAR) in mid-2016 introduced some significant challenges.
The European Market Infrastructure Regulation (EMIR), which was adopted into EU law in 2012 as a new piece of legislation governing OTC derivative trading and transparency across the bloc, is set for a series of updates by the end of 2017.
High-performance algorithmic trading is no longer the privilege of a few high-tech trading firms leveraging cutting-edge, specialised infrastructure.
This article is the fourth in a series of articles that will be published on GreySpark’s Capital Markets Intelligence Web site over the coming months.
The EU’s Revised Payment Services Directive (PSD2) is a fundamental piece of payments industry legislation adopted by European Parliament in January 2016.
This article is the third in a series of articles that will be published on GreySpark Partners’ Capital Markets Intelligence Web site over the coming months.