All regulation news

Suptech and regtech on the rise, says FSB

15 October 2020 Basel
Reporter: Maddie Saghir

Opportunities offered by suptech and regtech have been created by a combination of factors that have come to the fore in recent years, although risks also follow, the board outlines in a new report

UK’s FCA concludes first SSR enforcement against HK asset manager

14 October 2020 London
Reporter: Drew Nicol

The regulator’s first-of-its-kind SSR fine was handed to Asia Research and Capital Management for failing to report hundreds of equity swaps transaction used to hedge its investment in Premier Oil between 2017 and 2019

UAE revises SBL rules, launches short selling facility

13 October 2020 Abu Dhabi
Reporter: Drew Nicol

The Abu Dhabi Securities Exchange has amended its securities lending guidelines to facilitate the launch of a new covered short selling facility

SFTR: Buy side start reporting

12 October 2020 London
Reporter: Drew Nicol

Buy-side members must begin reporting their SFTs from today as part of the third phase of implementation

Deutsche Bank to create service for securities settlement delays

09 October 2020 London
Reporter: Maddie Saghir

Deutsche Bank is set to launch an enhanced securities settlement service that proactively identifies in-flight security transactions at risk of settlement delay

deltaconX signs up Investitionsbank des Landes Brandenburg for SFTR

06 October 2020 Lucerne
Reporter: Natalie Turner

The German bank, Investitionsbank des Landes Brandenburg, is deltaconX’s latest client to sign up for its SFTR reporting solution ahead of phase four

Morgan Stanley to pay $5 Million to SEC for Reg SHO violations

01 October 2020 Washington D.C.
Reporter: Drew Nicol

The US SEC order found that since Regulation SHO’s adoption in 2004 Morgan Stanley has “improperly relied on the exception to firmwide netting of all of its positions in a particular equity security through its use of the long and short units”