Kempen chooses SimCorp Coric for legacy client reporting
By Flora McFarlane.
Dutch asset manager, Kempen, has selected SimCorp Coric for its reporting solutions, replacing its legacy reporting technology, in response to increasing regulation...
BoE sets code of conduct for repo and securities lending
A new voluntary Money Markets Code setting out the standards and best practice expected from participants in the deposit, repo and securities lending markets...
MiFID II/MiFIR text approval likely to take “several weeks”
A source close to the trilogue discussions around the Markets in Financial Instruments Directive and Regulation (MiFID II / MiFIR) has said that talks...
JP Morgan takes stake in Mosaic Smart Data
UPDATE:
Further to our post of 23rd October, 2017, Mosaic Smart Data announced today that JP Morgan has added Mosaic Smart Data to its strategic investments...
Reviews of MiFID II transparency raise concerns
The European Securities and Markets Authority (ESMA) launched consultations on 3 February 2020 for the regime for non-equity instrument systematic internalisers (SIs), venues that...
McKinsey expects greatest FRTB impact on larger European banks
By Flora McFarlane.
The Fundamental Review of the Trading Book (FRTB) will have a greater impact on larger European banks according to a new report...
What’s the fuss about… New capital rules?
What’s all this fuss about new capital rules? The US Federal Reserve has decided that some banks, with over US$100 billion in assets, need...
Major concerns raised about repo
By Flora McFarlane.
Several buy-side practitioners have voiced warnings about the outlook for the ‘broken’ repo market, warning that European regulators needed to address the...
RTS 28 reports dropped as ESMA deprioritises enforcement
Investment firms in the European Union (EU) will no longer be obliged to publish some best execution reports following amendments to MiFID II, with...
EC: ESMA should run consolidated tape for fixed income
By Flora McFarlane.
An expert group organised by the European Commission to analyse the European corporate bond market has issued recommendations aiming to make issuance...