By: Christopher Waitz, Director of Regulatory Affairs, Eventus Last year, U.S. futures exchanges continued to pursue enforcement action, with fines up to $500,000, for each violation of exchange Operator ID rules. The Operator ID, commonly known as “Tag 50” due to the data field used by CME group exchanges, is used to uniquely identify […]
Tag 50: US Future Exchanges’ Operator ID Rules Read More »
Anti-money laundering (AML) is a mature industry with many aspects and choices about how best to satisfy regulatory requirements– from pre-onboarding through effective monitoring to reporting and off-boarding in order to help financial institutions stop financial crime. AML is fairly procedural with a high degree of information gathering, processing, and analysis. Too often, AML’s pain-points
Reimagining AML – Taking a Signals-Based Approach Read More »
Originally published by Markets Media Compliance in Focus is a content series on regulatory topics for financial markets and the challenges compliance officers face in addressing surveillance and monitoring. Compliance in Focus is produced in collaboration with Eventus. Among the bevy of U.S. Securities and Exchange Commission regulatory proposals issued in December 2022, some demand more prominence
Equities Trading Rule-Change Proposals: Implications for Data and Surveillance Read More »
Innovative offering combines signals-based approach, rules-based logic and advanced data analytics with customizable technology for targeted, efficient results NEW YORK, Jan. 31, 2023 – Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, today announced the broad introduction of Validus AML (VAML), a new end-to-end anti-money laundering (AML) platform aimed
LONDON / AMSTERDAM, January 24, 2023 – Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has selected the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered in Panama City, Panama, Deribit is the world’s largest cryptocurrency options exchange
In this episode of Eventus Quick Cuts, our Director of Regulatory Affairs, Digital Assets Mike Castiglione sits down with Delphine Forma, Senior Compliance Manager at BitMEX. Delphine dives into how crypto companies or startups can involve compliance teams early in their product-building journey, how the Travel Rule will impact them and how they can
Eventus Quick Cuts – Building in Crypto with Compliance First Read More »
By Sofia Österberg, Director of Client Success, Eventus In their latest “Dear CEO” letter, the FCA highlighted a series of risks that wholesale brokers must be focused on, with some brokers likely requiring immediate attention and improvement in a number of areas. Despite progress in governance and compliance controls at larger firms, the FCA
FCA Asking Wholesale Brokers to Prepare for a Series of Risks Read More »
NEW YORK, Jan. 17, 2023 – As financial markets compliance professionals faced some of their toughest challenges to date, Eventus – a leading global provider of multi-asset class trade surveillance and market risk solutions – today said that the firm continued its significant growth trajectory in 2022 with another record year. The company more than
By Martina Rejsjo, Director of Regulatory Affairs, Eventus The Securities and Exchange Commission (SEC) recently filed a civil enforcement lawsuit against an individual for an alleged fraudulent scheme to inflate the value of a private hedge fund by manipulating the price of the fund’s single largest holding, a thinly-traded equity. The individual was the
Marking the Close – Inflating a Fund’s Valuation Read More »
Originally published by Finextra By: Mike Castiglione, Director of Regulatory Affairs, Digital Assets, Eventus The year 2022 proved what many of us already know: Compliance issues can sink your business or help you survive in volatile, uncertain markets. Regulatory technology, or regtech, is how firms solve the riddle of complying with complex rules in
