Transaction reporting errors surge amid pandemic for majority of firms, research finds
New and changing regulations, CME Group’s decision to exit regulatory reporting, and the pandemic were key reasons for transaction reporting failures.
Tag: Transaction reporting
New data reveals the number of UK investment firms struggling with MiFID II reporting
New data discloses around 15% of UK investment firms have notified FCA of errors or omissions in transaction reporting under MiFID II.
Europe
Industry warned as regulators fail to provide feedback on MiFID II transaction reporting
Firms are at risk of fines for MiFID II transaction reporting failures, as almost 70% state they have received no feedback at all from regulators on submissions.
FCA assures ‘pragmatic approach’ to MiFID & EMIR reporting supervision as Brexit looms
Firms have been urged by the FCA to take reasonable steps to prepare with post-Brexit MiFID and EMIR reporting requirements.
Goldman Sachs fined £34m for over 200 million MiFID transaction reporting errors
Goldman Sachs is handed largest penalty to date by the FCA after the watchdog found errors in more than 200 million transaction reports.
UBS fined £27.6 million for MiFID reporting failures
The FCA hands UBS largest MiFID transaction reporting fine to date after more than 130 million reports were found to be inaccurate.
Gresham, RegTek.Solutions partner on delivering new transaction reporting solution
Transaction reporting solution for buy- and sell-side firms aimed at fulfilling compliance requirements for EMIR, MIFIR, Dodd-Frank.
FCA fines Merrill Lynch £34.5 million for transaction reporting failures
Fine is the first enforcement action against a firm for failing to report exchange traded derivatives under EMIR.
Experts predict lenient enforcement of MiFID II reporting rules
Firms are likely to be given some time to get their reporting accuracy on track in early 2018.