The International Organization of Securities Commissions has issued new guidelines regarding custody of collective investment schemes’ (CIS) assets, highlighting issues around the independence of custodians and their role in ensuring the safety of clients’ assets.
As compliance deadlines continue to stack up, Dev Bhudia of GoldenSource explains why the data scientist is playing an increasingly vital role in ensuring financial institutions avoid heavy fines.
New rules and a major change to derivative contracts will surely create unintended outcomes for everyone.
Australian Securities & Investment Commission chair Greg Medcraft has been elected a second term as chairman of the board of the International Organization of Securities Commissions.
A study covering over 30 markets shows that while improving market fairness helps reduce transaction costs, not all market design changes enhance both fairness and efficiency.
Helen Brand, CEO of ACCA explains, "The accountability of financial institutions will eventually be brought in line with other corporations - like utilities.”
The International Organization of Securities Commissions is seeking industry views on the new risk management standards for the non-centrally cleared over-the-counter derivatives market.
Market authorities worldwide are broadly compliant with the universally accepted principles governing the oversight of commodity derivatives market, according to a report by the International Organization of Securities Commissions.
Evolving regulations between Europe’s UCITS and Asia’s new regional system are creating parallel global regime.
Global banking culture faces a generational change of leadership to survive new regulations.