What is at stake? In a challenging environment where regulatory requirements have become more stringent and controls performance are even more burdensome, automation is becoming a priority for financial institutions. This paper aims at providing a practical guide through the controls automation journey. The context Over the last decade, the Compliance function within financial institutions… Lire la suite
European bodies decided to revise the Shareholder Rights Directive (SRD) with a local implementation awaited by June 2019. Headlink clarifies the key stakes around the regulation.
Structural transformations are not easy matters. The future of your bank may be agile, but switching to new management means requires full depth reflexion. This reflexion can start with the 8 following steps: 1 Consolidate your basics Agility is a powerful tool, when used properly. It is not to be confused with anarchy (do what… Lire la suite
When it comes to market data, equation is simple: sources + content + users + means = Bn 30 USD . And if at first sight, we easily sense that it comes to selling shovels in a gold rush, some comments on each element of the equation may be useful to grasp what this is… Lire la suite
With legislative changes impacting Investment Companies on liquidity risk management and reporting modernization, how ready is your organization to comply with SEC 22e-4? While the SEC (U.S. Securities and Exchange Commission) issued the final ruling in Q4-2016, time is certainly running out for investment companies impacted by the regulation to comply with SEC rule 22e-4…. Lire la suite
Under the oppressing regulatory overburdens, Compliance has become a strategic function attracting banks management’s full attention Non-compliance risk is defined as the risk of not complying with regulatory obligations applying to banking and financial activities including the prevention of money laundering, terrorism financing and relating to professional and ethics norms. Non-compliance risks takes the form… Lire la suite
As MiFID II enters into force, the dust of the storm revolutionizing investment research it created has not settled yet. Buy-side companies and research providers have yet to rapidly conclude prices negotiation and contract the resulting substantial costs reductions. Moreover, in order to look beyond MiFID II’s enforcement and the required swift and timely adaptations:… Lire la suite