Legal & Regulation | Institutional Asset Manager

EMIR and MiFID similarities should ease burden of SFTR compliance

Wed, 12/06/2019 - 12:58

Despite a recent report suggesting that investment banks are overconfident about meeting the requirements of the EU’s new Securities Financing Transactions Regulation (SFTR), complying with SFTR is more likely to be a case of ‘evolution’ rather than revolution. »

Investment banks ‘overconfident’ on SFTR compliance, says new research report from Luxoft

Mon, 10/06/2019 - 10:31

New research from Luxoft, a global technology services and consulting partner, has revealed that Tier one, Tier two and Tier three investment banks are overconfident about the EU’s new Securities Financing Transactions Regulation (SFTR), which comes into force next April. »

DTCC’s GTR to support SFTR

Mon, 10/06/2019 - 10:24

The Depository Trust & Clearing Corporation (DTCC) has partnered with Catena Technologies, Compliance Solutions Strategies (CSS) and Finastra, to support mutual clients with their forthcoming Securities Financing Transactions Regulation (SFTR) obligations, which are anticipated to take effect in April 2020. »

Broadridge launches extended global proxy voting solution

Wed, 05/06/2019 - 14:13

In response to the European Commission’s updated Shareholder Rights Directive, Broadridge Financial Solutions is launching an extended solution to support both institutional- and retail-focused intermediaries for global proxy voting. »

EFAMA welcomes final agreement on cross-border fund distribution legislation

Wed, 17/04/2019 - 13:37

The European Fund and Asset Management Association (EFAMA) has welcomed the vote by the European Parliament plenary, formally adopting the trilogue agreement on the Commission's initiative to remove cross-border barriers to the distribution of investment funds. »

Cappitech launches MiFID II market intelligence product

Mon, 15/04/2019 - 10:17

Cappitech, a provider of regulatory reporting and intelligence solutions for the financial services industry, has launched RTS 28 Market Intelligence, a product that allows financial institutions to use regulatory compliance data to their own advantage. »

CFTC provides further Brexit-related advice

Mon, 08/04/2019 - 10:56

The Commodity Futures Trading Commission’s (CFTC) Divisions of Swap Dealer and Intermediary Oversight (DSIO), Market Oversight (DMO), and Clearing and Risk (DCR), is to grant no-action relief to provide greater certainty to the global marketplace in connection with the anticipated withdrawal of the United Kingdom of Great Britain and Northern Ireland (UK) from the European Union (EU) with or without a ratified withdrawal agreement (Brexit). »

New EIF policy offers welcome clarity for Jersey’s funds industry, says Jersey Finance

Fri, 05/04/2019 - 10:39

The recent publication of a new policy from the European Investment Bank (EIB) Group provides some welcome clarity around Jersey’s ability to continue to support the objectives of the European Investment Fund (EIF), according to the head of Jersey Finance. »

Irish Funds welcomes CBI China Bond Connect approval

Tue, 26/03/2019 - 11:00

Irish Funds has welcomed the Central Bank of Ireland’s (CBI) approval for Irish domiciled UCITS and AIFs to invest in the Chinese interbank bond market via Bond Connect. »

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FCA responds to ESMA statement on MiFID obligations and benchmarks regulation in event of no-deal Brexit

Thu, 14/03/2019 - 10:42

ESMA has published a statement clarifying its approach to aspects of the MiFID position limits regime, post-trade transparency requirements, derivatives trading obligation and benchmarks regulation if the UK leaves the EU without an implementation period (a no-deal scenario). »