U.S. regulators have started to fine tier-one firms for failing to capture complete and accurate trade data in surveillance systems tracking market abuse. Trade data accuracy and completeness was a significant U.S. regulatory focus, said a senior UK market abuse compliance official speaking at a conference held under the Chatham House rule this month. JP The post U.S. regulators start to fine firms failing to capture trade data in surveillance systems appeared first on JWG ..read more

The European Commission undertook an extensive assessment of the application of European Market Infrastructure Regulation (EMIR) as it had been applied to the Union. The Commission’s final report concluded that there was little need for fundamental changes to the core requirements in EMIR. However, the legislation had imposed disproportionate responsibilities and overly complex requirements on non-financial counterparties and small financial The post EMIR: Reporting Unplugged appeared first on JWG ..read more

Europe took a big step towards Digital Operational Resilience last week by issuing half of its new final technical standards one year from its implementation deadline. JWG has analysed the new, final standards and the second batch of DORA  consultations with other technology efforts underway across the globe. We find that while some welcome clarity The post Decoding DORA Standards: What it means for global technology appeared first on JWG ..read more

We are pleased to announce the first wave of confirmed firms, regulators and trade associations are participating in JWG’s 8th annual RegTech conference, ‘Getting real about RegTech 2024. Don’t miss this opportunity to join this premier global event which articulates the key challenges which RegTech can help overcome in 2024. Register here RegTech year 8 Regulators The post Ready for RegTech 2024 – 7 Feb in London! appeared first on JWG ..read more

Since the year 2000, banks have been fined almost a third of a trillion dollars. Yet, every year billions more are imposed. Why? This book explains why banks break the law (it’s not just the money), explains the challenges facing Compliance functions, considers that the majority of financiers don’t want to do wrong, and puts The post Just in time for Xmas – SHC is out! appeared first on JWG ..read more

The UK Financial Services Regulatory Initiatives Forum released its second major Regulatory Initiatives Grid update of the year and the 7th edition of the Grid overall. Over three dozen new initiatives have been added to last year’s plan (JWG Grid 6 analysis here) taking into account the summer update which flagged the significance of Financial The post UK RegRadar Update – 7 Feb 24 appeared first on JWG ..read more

The UK’s Digital Securities Sandbox (DSS), which will test a new approach to rulemaking for digital securities trading and settlement infrastructure, should launch at the end of the first quarter 2024. “This is not our traditional Innovate sandbox. It is being specifically set up to allow infrastructure to test a new rule set that would The post UK Digital Securities Sandbox will trial new approach to rulemaking, Q1 launch planned appeared first on JWG ..read more

London, UK – 17 October 2023 – JWG, the trusted financial services regulatory intelligence company, has been honoured with four more industry awards. Global Business & Finance Magazine has named JWG’s cutting edge regulatory technology (RegTech) solution as the Best RegTech Innovation of 2023. Meanwhile, Corporate LiveWire has named JWG as the Networking Platform of The post JWG tops 12 awards since 2022 with 4 more appeared first on JWG ..read more

JWG’s eighth annual conference will be the premier, global event for setting the 2024 RegTech agenda on 7 February in London. Join us to help shape the debate today. About the JWG RegTech agenda Long recognised as the first, biggest and most professional public/private sector agenda debate, JWG is continuing to focus on helping agencies, The post 2024 RegTech agenda: Fear, greed and safety in a digital age appeared first on JWG ..read more

New, exacting BCBS 239 data quality expectations are coming into force just as EMIR Refit and JFSA derivative reporting is put into production 200 days from now. Businesses will be under pressure to deliver lineage for their data or risk fines and reputational damage. JWG’s DRR RegDelta is a RegTech solution that helps companies maintain The post JWG to help firms meet new reporting expectations in 200 days appeared first on JWG ..read more