Markets in financial instruments directive (mifid)
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Markets in financial instruments directive (mifid) articles
The latest newsletter from the UK regulators presents more advice for dealing with rogue traders and looks for better market abuse controls at hedge funds
European supervisors have been busy reaching Mifid branch supervision agreements
Offering a 90-year old woman a 10-year structured product is obviously irresponsible, wrong and should be condemned by anyone involved in finance. But while everyone responds in the same way - offering a mixture of shock and outrage - there always appears...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.