June 27, 2017 BY Valentina Kirilova

Hong Kong regulators release conclusions on the OTC derivatives regulatory regime

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) today published conclusions on a joint consultation paper which proposed adjusting the scope of “OTC derivative product” under the over-the-counter (OTC) derivatives regulatory regime. The proposed adjustments were to: prescribe certain additional markets and clearing houses so that products traded and cleared…

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June 27, 2017 BY Valentina Kirilova

Vontobel chooses Clearstream as partner for hedge funds business

Vontobel has chosen Clearstream Banking as strategic partner to streamline and consolidate its third-party hedge fund processing activities. Clearstream’s investment funds processing infrastructure Vestima enables processing of all types of funds from mutual funds to hedge funds on a single platform. The current regulatory agenda has made asset safety a key concern for financial institutions…

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June 27, 2017 BY Valentina Kirilova

Waymark Tech launches AI tool to identify crossover between financial regulations

Waymark Tech, a provider of regulatory intelligence software, today announced the launch of a new AI-powered tool that automatically identifies regulatory crossovers and conflicts between incoming regulations, such as MiFID II, GDPR, and PRIIPS. The first of its kind worldwide, the launch signals London-based regtech-startup Waymark's aspirations to become the first-choice global provider of AI-powered…

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June 27, 2017 BY Valentina Kirilova

CBOE Holdings announces pricing of senior notes offering

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it priced an underwritten public offering of $300 million of its 1.950% Senior Notes due 2019. The offering is expected to close on June 29, 2017, subject to the satisfaction of customary closing conditions. CBOE Holdings estimates that the net proceeds from the offering will be approximately…

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Regulation
June 27, 2017 BY Valentina Kirilova

ESAs publish AML/CFT guidelines

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) announced that has published today its final Guidelines on anti-money laundering and countering the financing of terrorism (AML/CFT). The Guidelines promote a common understanding of the risk-based approach to AML/CFT and set out how it should be applied. These Guidelines…

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