Tier-1 bank accelerates Basel IV expansion with RegCloud
Download PDF View Legal Terms Leading North American bank extends its regulatory reporting into Basel IV calculation and reporting on a global basis while shifting the existing footprint onto RegCloud Compelling Event and Decision Drivers Basel III finalization (aka Basel IV, Basel III Endgame, and Basel 3.1) and all its secondary and tertiary implications are […]
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 […]
The APAC Regulatory Landscape
View Legal Terms Even as the world was just emerging after months of global lockdowns in 2022, instrumental changes were taking place in the Asia-Pacific world of regulations, triggering the need for a strategic platform transformation. With all the preparations now in place, institutions are ready to address these requirements. But in this ever-changing regulatory […]
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 […]
EU Taxonomy: A regional ESG initiative with a global impact.
Download PDF View Legal Terms As the world grapples with the climate crisis, food scarcity, ocean acidification, among a host of abuses against the planet, corporations have moved from simply reacting to more proactively courting the public’s approval. This shift has led many market participants to explore their own initiatives to promote long-term sustainability while […]
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 […]
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 […]
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 […]