The Futures Industry of Association (FIA) wants European regulators to change the way exchange-traded derivatives (ETDs) are reported via the European Market Infrastructure Regulation (EMIR) framework. Specifically, like others in the industry, the FIA wants ETD reporting to switch from the current transaction-level regime to a position-level one. The FIA is arguing that this would… Read More >>
Global Markets Losing the AML War: Report
Anti-money-laundering (AML) processes and procedures dominate the global regulatory environment. That is the generally accepted view, of course, which is cogently expressed in a new report, “Global Regulatory Outlook 2019: Are We There Yet?” from Duff & Phelps, a consultancy for financial services firms. And yet, the consultancy continues, the battle to curb money-laundering (and… Read More >>
