Americas

London / New York / Singapore – 29 November 2022: The increasing complexity of trade surveillance requirements, driven by regulatory demands and exacerbated by volatility, is putting pressure on manual processes and driving investment in automation, a new study by Acuiti has found.  Acuiti’s latest report — “Getting to the risk quicker: How trade surveillance […]

Originally published by FinTech Global   ESMA’s recent MAR Review acknowledged there were varying views on pre-hedging. Eventus has explored whether pre-hedging counts as market manipulation. As a follow-up to its Review, the regulator is now analysing the practices of pre-hedging and will issue a call for evidence. Eventus stated that during the review, ESMA alerted market

By: Martin Appiah, Director of Regulatory Affairs, EMEA, Eventus   In the final report on the MAR Review, published on the 24th September 2020, ESMA acknowledged that there are fundamentally different views on pre-hedging. As a follow-up to the MAR Review, ESMA is therefore undertaking an analysis of that practice in the market and on

By: Chris Montagnino, Director of Regulatory Affairs, Eventus   Recently, a broker-dealer was faced with an $850,000 fine from FINRA and a significant undertaking to hire an independent consultant for failures in the supervision of their surveillance and AML processes. The Firm did not have procedures to monitor for potentially manipulative trading, as well as

Originally published by TabbFORUM   As the CFTC continues to aggressively pursue spoofing violations, the charges and orders also provide insights into what the CFTC believes is proof of intent to spoof, writes Chris Waitz, Director of Regulatory Affairs at Eventus. In this article, Mr. Waitz offers eight examples of what the CFTC considers evidence

Originally published by Financial Times   City is attractive to investors from mainland China, where digital asset trading remains banned Hong Kong has kicked off a contest to become Asia’s crypto capital as investors and executives warn rival Singapore may be squandering its head start with its pivot to stricter regulation. The sudden shift in

Originally Published by FinTech Global   With the world becoming ever more digitalised, the need for strong KYC and AML practices has never been more important. How do they differ internationally? Clausematch GRC professional Eugenie Casier remarked, “KYC legislation is very much siloed. Different markets have different levels of maturity and different regulators will stress

Originally published by Financial Times   Change in stance contrasts with Chinese mainland and takes on Singapore as regional financial hub Hong Kong is taking steps towards legalising retail trading of crypto assets, in a reversal that contrasts Beijing’s crackdown on such transactions in mainland China. The Chinese territory’s regulators are also exploring the listing