Regulation

MiFID Will Not Be Consistently Enforced, Says EA Consulting Group

93% of financial services companies do not believe that MiFID requirements will be consistently implemented and enforced across the member states involved, according to research figures released today by EA Consulting Group, the financial services management consultancy. "There seems to

FSA Awards Deutsche Boerse 'Trade Data Monitor' Status

The Deutsche Boerse service which allows investment firms to ensure post trade transparency for off exchange equity transactions in accordance with MiFID, also meets the requirements of the British Financial Services Authority (FSA). The FSA is the only supervisory authority

Research Says 64% Of Financial Firms Have Problem With MiFID

The Markets in Financial Directive Instruments Directive raises the heat to new levels on financial institutions in Europe with a little hyped Article 51 that says regulators in Europe will have the right to reconstitute the key stages of the

Omgeo Offers MiFID Compliant Transaction Reporting Service

OmgeoSM's regulatory reporting service, Omgeo Transaction ReportSM, has been updated to meet new MiFID requirements, as set out by the Financial Services Authority (FSA). The service has been certified by the FSA as an Approved Reporting Mechanism (ARM) and will

FSA Confirms Exchange's Status As Approved Reporting Mechanism

The FSA confirmed today that the London Stock Exchange's Exchange Reporting Service (ERS) will be an Approved Reporting Mechanism for the provision of transaction reports under MiFID. The ERS offers a transaction reporting service for customers wishing to have a

Banque Eni Implements FinArch's Basel II Application

Banque ENI, the Belgian financial services branch of the Italian energy multinational Eni, has selected Financial Architect's (FinArch) Financial Studio solution for Basel II calculations and reporting (COREP) to ensure compliance by the end of the year. Banque ENI has