With an expected go-live date in 2026, ESMA is set to bring changes with the MiFID III regulations introducing strengthened supervisory practices, increased data reporting requirements, and stricter compliance standards for financial institutions. UK EMIR The new UK EMIR Refit requirements went live ...
Kundamal added, “We look forward to providing our extensive set of trade reporting capabilities to additional firms in Singapore, enabling them to meet forthcoming trade reporting requirements. Now is the time for newly in-scope firms to review their preparations as the compliance date draws near....
Commodity Futures Trading Commission (CFTC) making it the second corporation to receive swap data reporting (SDR) registration ahead of Dodd-Frank with SDR requirements. The DTCC has also been publishing global market information weekly to increase the organization's transparency. The CFTC has also ...
Customer Due Diligence (CDD) is a required component to meeting Know You Customer (KYC) program requirements; both CDD and KYC policies are cornerstones of an effective AML program. In practice, CDD is the process where pertinent information of a customer’s profile is collected, verified, and...
Janssens added, "The global industry and regulators have really come together to help shape the requirements necessary for establishing an efficient operating framework for a GLEIS. We are pleased to be a part of this effort." Legal entities from all jurisdictions can use the CICI Utility to re...
1.Cross-jurisdictional differences: The industry, regulators and other key stakeholders must work together to eliminate cross-jurisdictional differences in the adoption of CDE trade reporting requirements to avoid ongoing re-harmonization efforts and future regulatory amendments. This would involve paring dow...
(GTR) service, via its legal entity, DTCC Data Repository (Singapore) Pte. Ltd. (DDRS), is ready to support in-scope Singapore firms with trade reporting services for the final phase of the Monetary Authority of Singapore’s (MAS) derivatives trade reporting requirements, which are scheduled...
Using the assisted reporting model, the sellside firm submits trade details for their underlying clients, who can also add supplemental data regarding the trade directly into Report Hub. Once submitted, Report Hub performs reporting eligibility checks across jurisdictional requirements and then seamlessly...
“Key aspects of the final regulation changes include the adoption of additional critical data elements, introduction of collateral reporting requirements, updates to… Read More >> Filed Under: Derivatives Exchanges, Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Data ...
CBDC design: Multilateral settlement and asset encumbrance mechanisms are core functional requirements for post-trade settlement. Broader access to a digital Federal Reserve payments system could present new opportunities within the settlement bank model and drive innovation in traditional industry responsibilit...