Financial Conduct Authority (FCA)
Citisoft launches Outsourcing Termination Service
Citisoft, the London-based buy-side technology and management consultancy, has launched an exit strategy and planning service to help asset managers mitigate the risks of a forced or voluntary exit from an outsourcing agreement.
FCA Chief Highlights Struggle against “Dystopian” Tech Scenario
Martin Wheatley, chief executive of the UK Financial Conduct Authority (FCA), has said that the role of regulators in the modern world is to strike a balance between realizing the benefits of market technology, while not allowing it to run amok.
Euronext UK Markets Gains RIE Status
The London-based venue in the Euronext group, Euronext UK Markets, has been granted Recognized Investment Exchange (RIE) status by the UK Financial Conduct Authority (FCA), ahead of the group being spun out by parent company IntercontinentalExchange (ICE…
FCA Expresses Concern over System Readiness for EMIR Compliance
While market participants continue to struggle with requirements of the European Market Infrastructure Regulation (EMIR), some relief has come from the UK Financial Conduct Authority (FCA). With that, though, is also a warning shot about having systems…
Compliancy Services Selects Lombard Risk for EBA Common Reporting
Compliancy Services, the regulatory compliance consultancy, has selected Lombard Risk Management’s cloud-based version of Reporter to enhance its regulatory returns submission services.
IRD's Senior Reporter on the FCA's Review of Outsourcing
Nicholas Hamilton discusses calls from the UK's Financial Conduct Authority for asset managers to develop better contingency plans in case one of their third-party service providers fails
Outsourced But Not Out of Mind
The UK's asset management industry has responded to regulators' concerns about managing risks associated with outsourcing, but continued change will be needed in the years to come
SimCorp, TechMahindra Collaborate on Contingency Service
The vendors are preparing to pilot a new service that will help asset managers improve their contingency planning by providing critical data points if one of their service providers fails
Big Data, Small Print
The emergence of new technologies is changing the operational models of bank IT.
GMEX Targets Derivatives Reform Opportunities with Launch
The Global Markets Exchange Group International (GMEX) has announced its launch, with plans for four markets.
FCA Appoints Investment Supervision Chief
The UK Financial Conduct Authority (FCA) has announced the appointment of William Amos as the director of its wholesale banking and investment management division.
BCS Gains FCA Authorization, Launches Brokerage
Russian financial group BCS Prime Brokerage has gained regulatory approval from the UK's Financial Conduct Authority (FCA), and is launching its international brokerage business.
New UK Regulator Goes Live With Nasdaq Surveillance Tool
The Financial Conduct Authority (FCA), a UK regulator formed in April, has gone live with Nasdaq OMX's Smarts Integrity market surveillance platform to enhance its monitoring of transaction reports across the UK's financial markets.
BATS Chi-X Europe Receives FCA Approval for RIE Status
One of the largest multilateral trading facility (MTF) operators, BATS Global Markets, has received approval from UK regulators to change the designation of BATS Chi-X Europe to a Recognized Investment Exchange (RIE).
Markit Acquires DTCC Stake in MarkitSERV
Markit has announced that it will buy out the Depository Trust and Clearing Corporation (DTCC) from their joint venture, MarkitSERV.
Officer on Deck
The face of UK regulation changed yesterday.
The FCA Wants You to Know That It Knows Technology Exists
With the split of the UK Financial Services Authority (FSA) into two component parts rapidly approaching, one arm has released its business plan and risk outlook, where it touches on technology in strokes so broad they're almost invisible.