Join this dynamic panel as we discuss findings from a recent Forbes survey of over 500 global financial services executives. We’ll address the areas of customer experience, regulatory compliance and overall data challenges faced by banks.
RegTech as a Competitive Advantage
According to a recent Thomson Reuters Survey, financial institutions on average spend £40m a year on compliance, with some spending up to £300M annually on compliance and customer due diligence. In an environment of constant regulatory change, and as the cost of compliance continues to rise, RegTech data aggregators offer a cost-effective compliance tool with improved customer experience and automated data-analysis.
https://www.klgates.com/RegTech-as-a-Competitive-Advantage-05-25-2017
ITAS: Regulatory burden reaches transfer agency.
Transfer agents need to start paying more attention to the regulatory challenges affecting their customers, according to panellists at ITAS in Luxembourg.
Hitachi Data Systems Names Nirvana Farhadi as Global Head of Financial Services RegTech, Risk & Regulatory Compliance Affairs
Today, Hitachi Data Systems is pleased to announce the appointment of Nirvana Farhadi, keynote speaker, thought leader, global regulatory, operations and compliance expert, as the company’s Global Head of Financial Services RegTech, Risk & Regulatory Compliance Affairs.
MiFID II and regulatory transaction reporting
By Nirvana Farhadi
Journal of Securities Operations & Custody, 8 (3), 272-277 (2016)
Abstract
This paper reviews the impending regulatory reporting burden, which increases substantially in scope under MiFID II, by looking at how financial institutions will be affected. The paper urges firms to embrace a proactive, comprehensive and integrated response in order to navigate this new un-known world of Regulatory Reporting, under MiFID II.
Keywords: MiFID; MiFIR; MiFID II; EMIR; REMIT; SFTR; Transaction Reporting; Regulatory Reporting; Dodd Frank; AIFMD; Regulation; Compliance; Operational Impact; ARM; Brexit
https://hstalks.com/article/4816/mifid-ii-and-regulatory-transaction-reporting/
MiFIF/MiFIR Transaction Reporting Workshop
This workshop, the fourth in the series, will focus on transaction reporting and transparency. The first three will examine preparing for implementation; conduct and investor protection; and markets & trading.
The Market in Financial Instruments Regulation and Directive (“MiFID II”) will introduce the most significant changes to the conduct of financial services and the market environment since the commencement of the EU Commission’s Financial Services Action Plan.