Cappitech launches RTS 27 Best Execution solution to bolster MiFID II offering

With the first deadline of RTS 27 reports quickly approaching, Cappitech Regulation, a leading provider of regulation technology for the financial services industry has launched a solution to support the new regulation standard. The new product grows Cappitech’s MiFID II suite of offerings that already includes Transaction Reporting, Trade Reporting to an APA and Best Execution monitoring.

FCA Seemingly exempts Cryptocurrency CFDs from MiFID II reporting

Last Friday, the UK’s Financial Conduct Authority (FCA) issued a statement clarifying the authorization of cryptocurrency derivatives. In the statement (link), they explained that offering trading in cryptocurrencies such as bitcoin are not currently regulated by the FCA. However, requiring to be authorized are derivatives based on cryptocurrencies such as CFDs, options and futures.

What’s next on the minds of CFD broker compliance teams? Capital Requirements

Regulation and compliance continues to evolve. While EMIR and MiFID II are worries of yesterday and today, tomorrow has its own set of acronyms worrying compliance officers. With this in mind, Cappitech held a small compliance working group forum this past month in London. Composed of CFD broker compliance officers and consultants, the group was an opportunity to learn how other firms are handling new…

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CySEC begins investigation of MIFID II (MiFIR) compliance among license holders

With MiFIR and MiFID II going live on January 3rd, regulators have begun to ask, “who isn’t reporting?” While many country regulators have been quietly reviewing the MiFIR transaction reporting that has been submitted to them, CySEC has taken a proactive stance. Reviewing reporting data submitted to them between January 3rd to January 24th, 2018, the Cypriot regulator has sent letters to investment firms of…

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Why we chose an ARM vs NCA for our client’s MIFID II Transaction Reporting

Earlier this month, Cappitech published some of what we’ve learned from the first month of MiFID II going into effect. One of the items covered was our decision to report client Transaction Reports to an ARM versus directly to an NCA. Today we delve deeper into our ARM vs NCA decision and some of the pros and cons of the two. ARM vs NCA –…

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A month into MiFID II Transaction Reporting (MiFIR), what we’ve learned

MiFID II has now been live for a little more than a month in Europe. At Cappitech, we wanted to share our experiences of complying with the Transaction Reporting requirements that are under the MiFIR framework of MiFID II legislature. As a technology provider focused on transaction reporting, Cappitech has been involved with helping numerous types of firms such as asset managers, banks, brokers and…

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Cappitech’s Capptivate Platform Integrates with Access Fintech

Access Fintech users can now incorporate Capptivate’s MiFID II and EMIR reporting, tracing regulatory reporting exceptions in its lifecycle management portal. Launched earlier this year, Access Fintech links together tools and services from fintech vendors with in-house technology. Through a single integration, Access Fintech enables buy-side investment firms and banks to easily enhance workflow with new providers while compressing the distributed workflow to a single…

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