Glossary | 쮸떴눈첵 Finance Times

Glossary

Arbitrage

The simultaneous purchase and sale of an asset in different markets to profit from price discrepancies.

Arbitrage News

Regulation
BCBS proposes action on �쐗indow dressing�� in G-SIB reporting

Basel Committee considers requiring banks falling into scope of the Global Systemically Important Bank (G-SIB) framework to report G-SIB indicators based on average values over the reporting year, rather than by using year-end values

Regulation
ESMA and EBA publish joint guidelines consultation paper

The European Banking Authority and the European 쮸떴눈첵 and Markets Authority have released a consultation paper on two draft joint guidelines under the Markets in Crypto-Assets regulation

Regulation
FCA fines Bastion Capital for cum-ex violations

The UK regulator ruled that the transactions were carried out in a way �쐔hat was highly suggestive of financial crime�� and that the broker had failed to manage risk that it was being used to facilitate fraudulent trading and moneylaundering

Regulation
FCA hits ED&F Man Capital with 짙17.2m fine for its role in facilitating cum-ex trades

This is the fourth penalty applied by the UK regulator and the largest that it has applied to date relating to div arb violations. MCM qualified for a 30% reduction under the Settlement Discount Scheme since it did not dispute the FCA's charges

Regulation
Regulatory reporting �쐎nly going to intensify��, 쮸떴눈첵 Finance Technology Symposium panellist says

Regulatory reporting is a �쐁ritical�� aspect of business that firms need to be paying attention to, speakers on the �쁒egulatory Reporting: Rewrite, reform, refit�� panel at this year�셲 쮸떴눈첵 Finance Technology Symposium in Boston agreed

People moves
McDougall leaves Bank of America

McDougall was appointed as head of EMEA stock loan trading in 2011, and was a director for the firm between 2011 and 2013

Regulation
�쏯othing moves that quickly�� when it comes to regulation, SFT Technology Symposium panelist says

During the �쁒egulation�� panel, speakers discussed the current state of regulation in the industry, including the relationships between regulators and the market, what clients are looking for and what might lie ahead

Industry
BEQUANT announces launch of institutional DeFi platform

The digital prime broker says that its new solution, developed with Fireblocks, is the industry�셲 first decentralised finance platform for institutional users, enabling clients to cross-margin across decentralised and centralised trading platforms