BOC's business & consumer surveys revealed normalizing inflation expectations, with over 70% of firms expecting yearly price pressures within the central bank's target range, hiring intentions remain subdued due to weak demand & excess capacity bnnbloomberg.ca/business/2024/…

Murex & Kaiko collaborate on digital asset portfolio management, integrating Kaiko's digital asset data into Murex's MX.3 platform, enabling real-time portfolio management, risk assessment, & benchmarking for digital assets. @Murex_Group Kaiko finextra.com/pressarticle/1…

#OSFI-#FCAC Risk Report: AI Uses and Risks at Federally Regulated Financial Institutions • The Office of the Superintendent of Financial Institutions (OSFI) and the Financial Consumer Agency of Canada (FCAC) are monitoring the evolving risk landscape of artificial intelligence

ASIC Derivative Transaction Reporting Rules 2024 have replaced the 2022 rules, aligning with international standards & consolidating transitional provisions and exemptions. #regulations #asic asic.gov.au/about-asic/new…

FCA warns firms about potential market abuse from overseas aggregated accounts (OOAAs) where the ultimate beneficial owners (UBOs) are not visible. • Some UBOs using OOAAs have characteristics of organized criminal groups. • FCA encourages firms to take extra precautions when

Canada's new Retail Payment Activities Act (#RPAA) requires Payment Services Providers (PSPs) to register with the Bank of Canada between November 1st and 15th, 2024, PSPs must demonstrate a solid approach to operational risk. #regulations #boc #psp fintechfutures.com/2024/10/canada…

London maintains its position as a top financial center, second only to New York, with its talent pool, VC funding, supportive regulations, and access to public markets. techround.co.uk/finance/expert…

The Regulatory Oversight Committee (ROC) is seeking feedback on proposed revisions to the CDE Technical Guidance for OTC derivatives transactions. The proposed changes include updates to existing data elements and the addition of new elements #Reg #CFTC leiroc.org/publications/g…

The EU Directive 2024/927 amends Directives 2011/61/EU and 2009/65/EC to improve the functioning of alternative investment funds (AIFs) and undertakings for collective investment in transferable securities (UCITS). • It clarifies rules on delegation, liquidity risk management,

#Citi has partnered with Google Cloud to modernize its financial infrastructure and leverage AI for customer-facing tools. Google Cloud’s AI platform will be used to develop financial tools and improve customer service #banking #ai #cloud fortune.com/2024/10/28/cit…

Let that sink in

The FCA's Market Watch 81 discusses observations from skilled person reviews of UK MiFID transaction reporting, highlighting persistent data quality issues and the need for firms to enhance their transaction reporting environment. • Despite improvements since 2018, incomplete

The FCA fined Metro Bank £16.6 million for failing to properly monitor over 60 million transactions worth £51 billion between June 2016 and December 2020 #fca #reg fca.org.uk/news/press-rel…

SIFMA Report on US Treasury Central Clearing • The #SEC rule mandates clearing of certain eligible secondary market transactions (ESMTs) in U.S. Treasury securities, leading to structural changes in the market. • Uncleared Treasury securities transactions currently pose

🏦 Bank Regulatory Considerations in a Second Trump Administration • Potential deregulation & more permitted transactions for the banking industry. • More permissive bank activities and deals, a more "gray area" for banks to operate in, and the potential for a more populist

The UK plans to introduce a comprehensive regulatory framework for the cryptocurrency sector in early 2025, including stablecoins and staking services. This move aims to keep up with the US and EU’s efforts to regulate the crypto space. #crypto #reg pymnts.com/cryptocurrency…

Droit launches its Exchange Traded Derivatives (ETD) Reporting product to enhance regulatory transparency and ensure compliance with global reporting requirements for listed derivatives #regulatory #reporting droit.tech/droit-launches…

What a brilliant game that was 🇨🇦 Hoping to see the Nations Cup format being developed further & becoming a permanent fixture!

CFTC's Stance on Crypto Regulation - US will not adopt EU-style regulations for crypto markets, unlike the Markets in Crypto-Assets Regulation (MiCA) in Europe, aligns with the Trump focus on reducing regulatory burdens. #cftc #reg #crypto risk.net/regulation/796…

CFTC New Enforcement Advisory rewards prompt self-reporting, cooperation, and remediation with clear penalty reductions. Self-reports can now go to ANY CFTC division, even via CCO reports #CFTC #Compliance #Enforcement cftc.gov/PressRoom/Pres…