30
Mar

A WINDOW OF OPPORTUNITY

2020: the year to reset your regulatory reporting foundations? How about some focus on data gathering, data quality, operating processes and mitigating key person risks for regulatory reporting?   Before Basel III finalisation (a.k.a. Basel 3.1 or Basel IV)…   A few weeks ago, I’d been planning to focus this article on what firms could do to make use of

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30
Mar

BASEL III IMPLEMENTATION DEFERRED UNTIL 2023 IN RESPONSE TO COVID-19

On Friday it was announced that the Implementation date of the remaining Basel III standards, which were due to come into force in January 2022, will be delayed by a further year, giving a new implementation date of 1 st January 2023. The Basel Committee’s Oversight body, the Group of Central Bank Governors and Heads of Supervision (GHOS) endorsed a

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27
Mar

WHY ADOPTING DIGITAL JOURNEYS WILL BECOME STANDARD PRACTICE DURING AND AFTER THE PANDEMIC

We are living in unprecedented times, unlike anything we have seen before. The health of our community is the primary focus and it’s amazing to see how people can all pull together. For example, in the UK Formula 1 manufacturers are getting their scientists and engineers to see if they can build desperately needed ventilators, fashion companies are producing medical

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19
Mar

JOIN THE STP ARMY

“In 2020 a crack fintech commando unit were sent to prison by a military court for a crime they did not commit. These people promptly escaped from maximum security stockade to the Los Angeles underground. Today, still wanted by the government, they survive as soldiers of fortune within collateral management. If you are struggling with margin call volumes, significant adverse

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15
Mar

REGULATORY WARS PHASE V – THE FINTECH STRIKES BACK….THE FINAL CHAPTER

Previously on Regulatory Wars Phase V – The Fintech Strikes Back…. A long time ago in a galaxy far, far away…It is a period of civil war. Rebel fintech spaceships, striking from a hidden base, have won their first victory against the evil Galactic Regulatory Empire……… Rebel Fintech companies have now stolen plans to the Galactic Regulatory Empire’s Death Star, a moon-sized space station capable of

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12
Fév

REGULATORY WARS PHASE V – THE FINTECH STRIKES BACK….PART TWO

Previously on Regulatory Wars Phase V – The Fintech Strikes Back…. A long time ago in a galaxy far, far away…It is a period of civil war. Rebel fintech spaceships, striking from a hidden base, have won their first victory against the evil Galactic Regulatory Empire……… As Obi Wan Kenobi once said “Don’t be too proud of this regulatory terror you’ve

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28
Jan

REGULATORY WARS PHASE V – THE FINTECH STRIKES BACK…..PART ONE!!!!

A long time ago in a galaxy far, far away…It is a period of civil war. Rebel fintech spaceships, striking from a hidden base, have won their first victory against the evil Galactic Regulatory Empire……… The above sounds like fiction doesn’t it? However, for many institutions the Uncleared Margin Rules, or UMR for short, represent the regulatory equivalent of the

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14
Jan

VENDOR ADDED VALUE

Vendor Added Value Benefits Vendor Added Value – “VAV”, let’s call it, is all the comforting layers of extra value client firms get from experienced vendors. Indeed, here I am talking about “VERMEG VAV”. Global regulators, clamping down with attention-grabbing Senior Management letters and significant mis-reporting fines have an ever-slimming tolerance for dodgy data, broken processes and reporting interpretation errors,

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7
Jan

2019 – THE REGULATORY YEAR IN REVIEW

As 2019 passes it seems fitting to look back on the past 12 months and, in particular, at the industry activities that have been of interest to our Regulatory Reporting community. It goes without saying that one topic has been dominant in all aspects of life in recent years and the last 12 months seem to have involved a Brexit

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