Insights, Archived
Research, white papers and articles
Continued harmonization with an investor protection focus: CSA MI 93-101 and MiFID II
On September 28, 2024, the CSA MI 93-101 Derivatives: Business Conduct will come into effect with a five-year transition period. The instrument sets out a comprehensive framework for regulating conduct within the OTC derivatives market, including providing provisions on fair dealing, suitability among others
Basel IV
Regulation Overview, Implementation Dates and Transitional Arrangements, Revisions to the Internal Ratings-Based (IRB) Approaches for Credit Risk, Revisions to the Standardised Approach for Credit Risk, Revisions to the CVA Risk Framework, Operational Risk Framework, Leverage Ratio Framework and Introduction to a New Output Floor
End-of-Life Software
What is End-of-Life Software? Risks Involved with using End-of-Life Technology Past its Support Date, End-of-Life Planning: Things to Consider to Mitigate the Risks with End-of-Life Technology, Strategies to Minimize Risks When Operating End-of-Life Software, Important Processes to Follow When Migrating to a New Technology Solution
SEC Rule 192
SEC Rule 192 prevents the sale of asset-backed securities (ABS) tainted by conflicts of interest. It prohibits certain transactions for a set time to discourage participants from structuring ABS unfavorably for investors.
Overview and timelines, Rule Requirements: Participants/ Products Affected and Prohibition Period, Prohibited Transactions and Exceptions.
MiFID III
Overview and timelines, Recent Amendments to the MiFID Framework for UK, Financial Services and Markets Act 2023, Policy Statement 23/4 on Improving Equity Secondary Markets, European Commission Proposed Amendments for EU, COM(2021)727 Proposal For Amendments to EU No 600/2014, EU Retail Investment Strategy Proposal
SEC Rule 606: Disclosure of Order Routing Information
Overview, Regulatory Timelines, Quarterly Report on Order Routing, Requirements for Customer Requests for Order Routing Information, Disclosure to Customers of Execution Venue of Customers Orders, Detailed Disclosure to Customers of Order Handling
Challenges in enhanced reporting: CFTC Rewrite and EMIR REFIT
Firms continue to contend with regulatory challenges as the drive to standardize regulatory reporting persists. Regulators continue to strengthen their focus on transparency and harmonization, particularly in the derivatives space