Market abuse
Conduct risk: be proactive, stay ahead
As concerns around conduct risk abound, firms need to arm up and tighten surveillance to stay ahead. Lee Garf, general manager at NICE Actimize, explains why market abuse remains the biggest risk to financial markets firms today
Insider dealing: amping up surveillance measures
Joe Schifano, global head of regulatory affairs at Eventus, examines how volatility resulting from the Covid‑19 pandemic has made markets more susceptible to insider dealing activity, prompting regulators to urge firms to reinforce surveillance measures…
GFXC sees no changes to code on pre-hedging
Committee rejects calls to set more strict boundaries to controversial practice
TradingHub: client data trove offers jump on market abuse
Surveillance firm already using aggregate info to tackle best execution questions
Spot FX shies away from regulatory yoke
As Europe weighs Aussie-style rules for spot trading, some see benefits – but many fear the burden
Covid-19 frazzles AI fraud systems
Seismic changes in customer behaviour see machine learning solutions throw out false positives
New applications in Asia’s financial crime analytics
Financial crime is a fast-growing problem for Asia‑Pacific financial services firms. Working with outmoded systems and patched-up processes to detect, monitor and eliminate potential threats, banks are spending millions on sophisticated new solutions to…
Forex ‘Cartel’ not guilty but still paying a penalty
Despite acquittal, three former forex traders anticipate obstacles in trying to rebuild their careers
Is Libor going away?
Amid widespread expectation that Libor will soon be discontinued, questions are being asked around whether the transitioning towards risk-free rates will prove too onerous to achieve. Christopher Dias, principal, advisory, at KPMG, explores whether the…
Compliance must keep pace in AI arms race
Bank compliance departments’ computational firepower must be a match for trading desks, says expert
EU market abuse rules could trip alternative data users
Regulators might treat some new datasets as inside information, lawyers say
Hackers’ jackpot: Mifid heightens cyber risk
Platforms and reporting entities develop individual solutions, but no silver bullet
FCA system failure throws Mifid data into doubt
Esma could be left with an incomplete list of instruments subject to reporting requirements
Hostage situation: venues slam cost of European Isin utility
Trading venues bemoan commercial terms of service vital to Mifid II swaps reporting
BIS releases final forex code of conduct
BIS releases principles for good conduct in foreign exchange markets
Commodities traders question EU’s insider trading regime
Esma guidance on Mar leaves market in the dark, say critics – particularly for hedges
European energy regulators step up market surveillance
Despite quality concerns, monitoring of Remit trade data is under way, officials say
Barclays opens up forex desks to last-look lawsuit
Agreement will help investors pursue other market-makers
New EU market abuse rules worry energy traders
Ban on insider trading in commodities seen as “very tricky”
Market-makers encouraged to review last look
After $150 million fine for Barclays, more legal action could follow
Regulators fine Barclays $150m over last look
Barclays' penalty for forex-related misconduct is now $635 million
Sefs brand market abuse enforcement role ‘a non-starter’
CFTC signals softening on position limits monitoring, however
Surveillance of EU energy markets set to increase
Officials hope to catch cross-market schemes by monitoring Remit data