April 2024 EMIR Refit mandates ISO 20022, UPI for messaging

Download PDF View Legal Terms Just as financial institutions are getting a handle on a raft of trade and transactions rewrites including the quite challenging CFTC Rewrite and regime changes for ASIC, JFSA, and MAS, here comes ESMA with a bombshell — EMIR Refit 2024. Like the Rewrite, the Refit necessitates processes and architecture that […]

ESG EU Taxonomy: Operational minefield for credit institutions

Download PDF View Legal Terms Today, regulators worldwide have added clarity to the burgeoning environmental, social, and governance (ESG) framework by adopting and incorporating regulations that homogenize assessment methods and disclosure requirements. One such framework, Regulation (EU) 2020/852 of the European Parliament and of the Council (EU Taxonomy), provides investors, companies, and policymakers with definitions […]

German Digibank Leverages Adenza’s Regulatory Reporting Set

Download PDF View Legal Terms One of Europe’s newest digibanks leverages Adenza’s AxiomSL capital, liquidity, and regulatory reporting solutions for growth Compelling Event and Decision Drivers Online banking has created a growth opportunity for digital banks, globally. Whether they are start-ups, or a groundbreaking service for a non-bank financial institution, these offshoots must quickly contend […]

French Bank Selects Adenza’s Trade and Transaction Solution

Download PDF View Legal Terms Adenza’s AxiomSL Scalable, Regime-Agnostic Trade and Transaction Reporting Solution Encompasses Upcoming EMIR Refit and MAS Requirements. Compelling event and decision drivers With the EMIR Refit’s April 2024 deadline looming, this bank’s large wealth management arm urgently required a centralized and highly scalable trade and transaction regulatory reporting solution to comply […]

Getting ahead of an avalanche of ESG regulatory requirements.

Download PDF View Legal Terms Financial institutions are facing unprecedented challenges with the introduction of a host of ESG regulations. Regulators are moving away from the traditional approach to now requiring a combination of financial and non-financial information to assess the credit quality and sustainability of institutions, making the need for flexible ESG monitoring and […]

RegNews: UMR and FX Clearing — A New Landscape Offering Many Benefits

The UMR compliance driven FX ETD and OTC clearing environment. The introduction of Uncleared Margin Rules (UMR) significantly impacted the foreign exchange (FX) clearing world. It substantially increased trading costs for uncleared derivatives and thus, accelerated the expansion of OTC and ETD clearing globally. It mandated that counterparties post a new two-way initial margin (IM) […]

APRA Comprehensive Data Collection – Granular Data Arrives

Download PDF View Legal Terms The issuance in March 2022 of a discussion paper on the APRA Comprehensive Data Collection program came as no surprise to APRA watchers/and regulated authorized deposit-taking institutions (ADI). The Australian Prudential Regulation Authority has long been voicing its intent to realize significant objectives including to: Institute granular data reporting requirements.This […]

Adenza’s AxiomSL Basel IV Risk Calculation and Reporting Solution Takes Top Honors at RegTech Insight Awards APAC

Survey of Senior Tech Officers and Data Specialists Recognizes Fundamental Review of Trading Book (FRTB) Solution for Transparency and Flexibility Adenza, the new company formed by the merger of Calypso Technology and AxiomSL to provide customers with end-to-end, trading, treasury, risk management and regulatory compliance platforms, today announced that its Fundamental Review of the Trading […]

The Basel IV Parallel Run Commences

Download PDF View Legal Terms The Basel IV Parallel Run Commences – Switzerland Paves the Way for Europe. The Swiss Financial Market Supervisory Authority (FINMA) has set out requirements for selected Swiss entities to begin parallel reporting runs in January 2023. The FINMA and Swiss National Bank (SNB) revisions reflect the final round of the […]

Adenza’s AxiomSL Basel Liquidity Management Solution Takes Top Honors at Regulation Asia Awards for Excellence for Second Straight Year

Adenza, the new company formed by the merger of Calypso Technology and AxiomSL to provide customers with end-to-end, trading, treasury, risk management and regulatory compliance platforms, today announced that its Basel Liquidity Risk Management solution was named Best Solution: Institutional Resilience & Integrity – Capital/Liquidity Modeling & Stress Testing for the second straight year at […]

CFTC Rewrite – Avoid a Rocky End to a Long Journey

Download PDF View Legal Terms The CFTC Rewrite – Avoid a Rocky End to a Long Journey. With its long-expected Rewrite (DFA Parts 43 and 45), the CFTC aims to bring the US market into alignment with harmonized critical OTC derivatives data elements. Where this CFTC Rewrite is heading, so follows the EMIR Refit, and […]

Brazil BACEN Resolution 229 Impacts Credit Risk & DLO

Download PDF View Legal Terms BACEN Resolution 229 A credit-risk fine tuning that aligns with BCBS and impacts Brazil’s DLO reporting Effective on January 1, 2023, BACEN’s Resolution 229 poses challenging requirements that impact the way financial institutions currently calculate credit risk and how they report it. In March 2023, all banking segments must include […]